a0 You are the treasurer of a mid-size industrial manufacturer, your firms cash balancesvary between $300,000 and $1,000,000. During the last three board meetings a boardmember has asked how you protect this cash while it is being lodged in banks or othertemporary facilities. Your problem is to satisfy the board member, obtain some income fromthe cash or cash equivalent balances, and has funds available for immediate payout ifrequired. What course of action do you follow?

(b) You and three other staff members of the U.S. Offices of Comptroller of the Currencyhave been assigned identical projects. You are to review the various articles that have beenwritten, the various speeches made, and in general the various suggestions that have beenoffered to revamp the structure of the FDIC in order to render it more stable andfinanciallyable to withstand adverse events. Based on the few suggestions offered in this chapter and onthe basis of your own ideas, what is your conclusion?