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Author Question: During the financial crisis that began in 2008, what was the key aspect in banks that made savers ... (Read 112 times)

fbq8i

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During the financial crisis that began in 2008, what was the key aspect in banks that made savers comfortable that their money was safe?


◦ Congress was watching over the banks
◦ The Federal Reserve did not let any banks fail
◦ Deposits were insured up to $250,000 by FDIC
◦ Bailouts protected the savers


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Marked as best answer by fbq8i on Apr 13, 2019

lgoldst9

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fbq8i

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Reply 2 on: Apr 13, 2019
Thanks for the timely response, appreciate it


jojobee318

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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