Megan

// media type="file" key="mdh.mp3" FDIC - Federal Deposit Insurance Corporation. // Hello citizens of the United States of America! I'm sure you're thinking "Here goes president Franklin with another useless program" but thats where you are absolutely wrong. There is no need to hide your money in a shoe box, hole in your wall, or even your own personal safe underneath your bed anymore! I've gave much thought, time, and effort into a brand new program! This year of 1933, the Congress and I have created a new corporation we would like to call the FDIC, also known as the "Federal Deposit Insurance Corporation." This program secures and develops public confidence in the United States. I am 99.9% positive that a depositor won't lose a single cent of insured funds.The FDIC receives no Congressional appropriations. To protect insured depositors, the FDIC responds immediately when a bank or thrift institution fails. The FDIC has several options for resolving institution failures, but the one most used is to sell deposits and loans of the failed institution to another institution. Customers of the failed institution automatically become customers of the assuming institution. Most of the time, the transition is seamless from the customer's point of view. The FDIC will employ around 5,000 people. It main head quarter is in Washington, D.C., but running much of its business in six regional offices and in field offices around the country. The FDIC is managed by a five-person Board, all of whom are chosen by the myself, and confirmed by the Senate, with no more than three will be from the same political party. The FDIC has a lot of teamwork put into it, and integrity so you can trust your money our hands. So, Citizens of the United States, I give great confidence in this program, and drive you to choose to have your money in the hands of the FDIC. Now, I am aware I cannot tell everyone what to do, but I am just leading my citizens to the right decisions, to get everyone back on their feet! So come on America, FDIC is the way to be!

Works Cited: "FDIC: Who is the FDIC?" //FDIC: Federal Deposit Insurance Corporation//. FDIC, 29 Sept. 2009. Web. 18 Dec. 2009. <[]>