There have been a number of fatal dam breaks in the United Statest. 1977: The Kelly Barnes Dam, an old earthen dam in Georgia, gave way in the middle of the night. Internal erosion probably caused the failure. Thirty-nine people were killed at a small bible college below the dam.
The types of financial institutions include commercial banks, investment banks, insurance companies, brokerages, investment firms, management investment companies and non-bank financial institutions including credit unions, payday lenders and savings and loans institutions.
â Traditionalâ Banking Channels. The United States and other nations have developed legal and regulatory systems aimed at detecting, blocking, and freezing illegal funds transfer activities, and (especially post-9/11) tools to identify and map terrorist and other criminal networks.