Banking

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Leonard D

 

Date added:

July 13, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1084

 

Was viewed:

4078 times

 

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Essay content:

This plan would save the government $150 to $200 million a year. This would also allow the FDIC to concentrate on deposit insurance and the Fed to concentrate on monetary policy (Anonymous 88). Of course this is Washington, not The Land of Oz, so everyone can't be satisfied with this plan. Fed Chairman Alan Greenspan and FDIC Chairman Ricky R...
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Fed Chairman Alan Greenspan and FDIC Chairman Ricky R. Tigert have been vocal opponents of the plan. Greenspan has four major complaints about the plan. First, divorced from the banks, the Fed would find it harder to forestall and deal with financial crises. Second, monetary policy would suffer because the Fed would have less access to review the banks...
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