Body found in Allegheny River near Clemente Bridge. Witnesses speak to Pittsburgh River Rescue after a body was found in the Allegheny River around 7:50 a.m. near the Roberto Clemente Bridge, on Tuesday, Sept. 30, 2014.
The question says, 'the primary purpose of federal deposit insurance corporation is ..... The correct option is D. Federal Deposit Insurance Corporation was established in 1933 to provide stability to the economy and the failing bank system. It guarantee a specific amount of savings for its member banks.
Created by the Glass-Steagall Act of 1933 in response to the massive number of bank failures during the Great Depression era, the Federal Deposit Insurance Corporation (FDIC) now services as a safety net for bank deposits in the event of a catastrophic insolvency emergency or rare run on the bank.