7. Which of the underneath legislations permitted banks and thrifts to develop geographically across state lines by obtaining the benefits of unsuccessful thrifts?
a. b. c. d. e.
Bank Holding Company Act McFadden Act Financial Institutions Reform, Recovery, and Enforcement Act Douglas amendment Glass-Steagall Act
8. Savings deposits are a superior percent of financial support for small banks, compared to large banks.
a.
True or False 9. Social Security is a completely funded pension program. a.
True or False
10. |
Which of the underneath is factual about private placement? |
a. |
The underwriting function is avoided. |
b. |
The extremes of high credit quality firms and low or unknown |
credit quality firms use private placements. |
c. |
The terms may be negotiated between the issuer and the |
investors. |
d. |
The sale of securities must be restricted to a small group of |
accredited investors. |
e. |
All of the above is true. |