The Emergency Economic Stabilization Act of 2008 was signed into law by ___ and provided for $700 billion to ___ under a program known for short as ___

		President George W. Bush; purchase distressed bank assets; TARP
		President Obama; purchase distressed bank assets; TARP
		President Obama; purchase preferred stock in the auto industry; Dodd-Frank
		President George W. Bush; purchase shares in the auto industry; too-big-to-fail
		None of the above

1 points

QUESTION 23

Which financial legislation supposedly ended too-big-to-fail?

		Dodd-Frank Wall Street Reform and Consumer Protection Act (2010)
		Emergency Economic Stabilization Act (2008)
		Sarbanes-Oxley Act (2002)
		None of the above

1 points

QUESTION 24

In the FDIC Risk-Based Bank Classifications, a bank is adequately capitalized - among other conditions - if its ___ is at least ___

		Total risk-based capital; 5%
		Total risk-based capital; 6%
		Tier 1 risk-based capital; 6%
		Tier 1 risk-based capital; 4%
		None of the above

1 points

QUESTION 25

Under the Basel standards, Tier 1 capital comprises:

		Common stock and retained earnings
		Common stock, retained earnings, and non-cumulative non-redeemable preferred stock
		Common stock, retained earnings and all forms of preferred stock
		Common equity, cumulative preferred stock, and long-term debentures
		None of the above

1 points

QUESTION 26

Under the Basel standards, Core Tier 1 capital includes:

		Common stock and retained earnings
		Common stock, retained earnings, and non-cumulative non-redeemable preferred stock
		Common stock, retained earnings and all forms of preferred stock
		Common equity, cumulative preferred stock, and long-term debentures
		None of the above

1 points

QUESTION 27

Which of the following is a goal of Basel II? [I] Promote enhanced risk-management practices especially for internationally active banks [II] Encourage banks to diversify their operations across different risk classes [III] Make regulatory capital more risk sensitive [IV] Provide deposit insurance for all bank deposits [V] Make bank capital requirements comparable internationally

		I, IV, V
		I, III, V
		II, III, IV
		II, IV, V
		None of the above

1 points

QUESTION 28

Pillar 1 of Basel II is the most important and provides for

		Supervisory review of all banks
		Market discipline
		Capital Conservation Buffer
		Countercyclical Capital Buffer
		None of the above