According to the text, the Competitive Equality in Banking Act of 1987
A) turned the thrift industry around by providing the necessary funds to close the "zombie S&Ls."
B) lowered the cost of bailing out the S&Ls by quickly closing "zombie S&Ls" before they could cause other thrifts to fail.
C) failed to provide the funds necessary to close ailing S&Ls, and actually encouraged regulators to continue to pursue regulatory forbearance.
D) did both A and B of the above.
C
You might also like to view...
The acronym Project “GLOBE” stands for ______.
What will be an ideal response?
Northbrook Corporation issued $60,000 bonds payable to acquire machinery. The journal entry to record the transaction is:
A) Machinery 60,000 Cash 60,000 B) Machinery 60,000 Bonds Payable 60,000 C) Bonds Payable 60,000 Machinery 60,000 D) Cash 60,000 Bonds Payable 60,000
Which of the following is awarded to U.S. organizations only, but whose criteria for performance excellence is accepted as the standard by organizations worldwide?
A) EFQM Excellence Award B) Malcolm Baldrige National Quality Award C) ISO 9000 Award D) Deming Prize
The communication apprehension that is triggered by specific situations, such as being required to give a speech, is known as ______.
A. State-based B. Trait-based C. Anxiety-based D. Fear-based