The first is the Federal Deposit Insurance Corporation. The FDIC insures individual deposits up to $100,000 in the case of a bank collapse. This measure is supposed to inspire confidence in the public that the money it deposits in a bank will not be lost, despite unforeseen events. A second safety measure is a system of bank checks and audits by the government to ensure that prudent banking practices are being observed. These are simply very detailed examinations of bank records and dealings. The third safeguard is the regular verification that banks' holdings meet reserve requirements.

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4 years ago

What group is responsible for the assassinations of six americans in tehran during the 1970s??

zavuch27 [327]

MEK (The Mojahedin-e-Khalq)- The group has been designated as a foreign terrorist organization by the U.S. Department of State, mainly due to their assassination of six Americans and its anti-American activities during the Iranian revolution in 1979. The group was founded by six Muslim students who supported the Freedom Movement of Iran and supported the downfall of the Shah in 1979 and the rise of Ayatollah Khomeni.

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4 years ago