What recourse is available to the FDIC when a bank fails?
A) Funds can be taken from the insurance deposit fund to pay off creditors.
B) Employee behavior is monitored and analyzed to ensure ethical behavior.
C) Interest rates can be raised to offset the cost of payouts.
D) Other banks are purchased to cover the cost of the failure.
E) Bank assets can be disposed of in order to pay off debt.

Question

Quizplus · Accepted Answer

When a bank fails, the FDIC can dispose of the bank's assets to pay off its debts and cover insured deposits.

What Recourse Is Available to the FDIC When a Bank