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The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. [ 7 ] : 15 The FDIC was created by the Banking Act of 1933 , enacted during the Great Depression to restore trust in the American banking system.
While the classification of information by the government is not supposed to be used to prevent information from being made public that would be simply embarrassing or reveal criminal acts, it has been alleged that the government routinely misuses the classification system to cover up criminal activity and potentially embarrassing discoveries.
The Insurance Act of 1938 [9] was the first legislation governing all forms of insurance to provide strict state control over insurance business. Life insurance in India was completely nationalised on 19 January 1956, through the Life Insurance Corporation Act.
According to an American political conspiracy theory, the deep state is a clandestine network of members of the federal government (especially within the FBI and CIA), working in conjunction with high-level financial and industrial entities and leaders, to exercise power alongside or within the elected United States government.
A coalition government, or coalition cabinet, is a government by political parties that enter into a power-sharing arrangement of the executive. [1] Coalition governments usually occur when no single party has achieved an absolute majority after an election .
In The Shame of the Cities (1904), Lincoln Steffens dissected corruption in city government. In Following the Color Line (1908), Ray Stannard Baker criticized race relations. Other muckrakers assailed the Senate, railroad companies, insurance companies and fraud in patent medicine. [65] Novelists criticized corporate injustices.
Government revenue or national revenue is money received by a government from taxes and non-tax sources to enable it, assuming full resource employment, to undertake non-inflationary public expenditure. Government revenue as well as government spending are components of the government budget and important tools of the government's fiscal policy.
Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...