SAT US History Practice Question
When many savings and loan banks in the 1980s failed, the federal government
- A.forced the bank owners to pay the depositors their proper shares.
- B.allowed the market to take its natural course.
- C.allowed the Federal Deposit Insurance Corporation to reimburse the depositors.
- D.used tax money to bail out the banks.
- E.reorganized the banking industry by passing the Glass-Steagall Act.
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