created by glass stegall act
started january 1, 1934
Defenition
-Federal Deposite Insurance Corperation
what it does
-provides deposite insurance
-insures 7,723 banks
-watches over banks
Successful
-yes
-nobody lost money yet
Still around
-yes
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FRD's backround
-January 30
-1882
-Hyde Park, New York
-name comes from dutch surname Van Rosenvelt
-named after his uncle Delano R.
-mother was Sarah Ann Delano
-Father was James Roosevelt, he was 54 when FDR was born
-FDr could speak German and French becuase of family trips
-talented at Golf, started when he was a teen
-first president to make handycapped person golf course
-went to Harvard and Graduated 1904
-presedent of Harvard Crimson newspaper
-FDR had affiars with Lucy mercer
-November 1932 he was elected for first term as president
-He died April 12 1945
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