Multiple choice general knowledge

Which of the following institutions was NOT taken over by the US Federal government?

  1. Freddie Mac

  2. Fannie Mae

  3. FDIC

  4. AIG
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

FDIC (Federal Deposit Insurance Corporation) is a permanent government agency created in 1933 to insure bank deposits - it was NOT 'taken over' because it was already a government entity. In 2008, Fannie Mae and Freddie Mac were placed under federal conservatorship (essentially taken over by the federal government), and AIG received a massive federal bailout in exchange for equity stake (effectively nationalized). FDIC is the correct answer as the only institution not requiring a federal takeover during the crisis.

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