Examiners from the Federal Home Loan Bank Board of San Francisco recommended that Lincoln Savings and Loan be seized when they discovered that
A) officials at the thrift had attempted to mislead them.
B) it had exceeded the 10 percent limit on equity investments by $600 million.
C) its owner, Charles Keating, had been convicted of embezzlement ten years before he purchased the thrift.
D) all of the above occurred.
E) only A and B of the above occurred.
E
Business
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The IRS would most likely apply the arm's long transaction test to determine which of the following?
A. whether an expenditure is related to a business activity B. whether an expenditure will be likely to produce income C. timeliness of an expenditure D. Reasonableness of an expenditure E. All of these
Business
List at least two types of biased language and explain how to avoid each type
What will be an ideal response?
Business