Some FinTechs seem to be interested in obtaining bank charters. What did I suggest they covet?

a) profits/revenue streams

b) data/information

c) deposit insurance

d) all of the above

The SIFI and TBTF issues are largely that of oversight and ______

a) rate indexing

c) price indexing

b) capital

d) staggered maturities

e) core deposits

Why is the poor performance of financial institutions magnified in hard times compared to other industries? (choose the best answer)

a) Leverage is a friend when times are good and your worst enemy in bad times.

b) Banks have much less debt than other tyT-S of firms.

c) Tax rates for financial firms are much higher than in other industries.

d) FDIC premiums increase dramatically due to more bank failures