Showing posts with label In order to prevent depositors from losing their money in the event of a bank failure. Show all posts
Showing posts with label In order to prevent depositors from losing their money in the event of a bank failure. Show all posts

Tuesday, February 25, 2014

In order to prevent depositors from losing their money in the event of a bank failure, the Roosevelt administration created a new agency known as

the Federal Deposit Insurance Corporation.