March 13, 20234 min read, 787 words
Published: March 13, 2023 | 4 min read, 787 words
What is the FDIC and how does it work? When it was established in 1933, some 4,000 banks had closed in the first few months alone. The FDIC is relying on one of its main tools — deposit insurance — to prevent more banks from failing. The FDIC was created 90 years ago to help the ...
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Great Context1
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Great Context
March 17, 2023
This was a fairly detailed historical account of the FDIC, how it came to be, and it's role in the economy and banking sector today. Just a straight telling of the FDIC's evolution and very useful information for those getting caught up on the organization after the recent bank failures.
March 17, 2023