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What led to the establishment of FDIC insurance?

2007-07-09 02:52:25 · 2 answers · asked by Captain Kid 3 in Business & Finance ➔ Other - Business & Finance

2 answers

The collapse of the banking industry in 1929 when the stock market crashed.

2007-07-09 02:57:47 · answer #1 · answered by Anonymous 7 · 0⤊ 0⤋

The Geat Depression when banks went down

2007-07-09 02:55:42 · answer #2 · answered by ed 7 · 0⤊ 0⤋

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