Suppose after a few mergers and acquisitions, a single bank holds 70% of all the deposits in the United States Which of the following statements is likely to be true in the event of the failure of the bank?
A. The failure of the bank will cause a financial catastrophe, prompting the FDIC to do everything to prevent the institution from going bankrupt.
B. The failure of the bank will likely cause the bond prices to increase significantly, prompting the FDIC to recommend further acquisitions to maintain the country's balance of trade
C. The failure of the bank willikely cause a negative economic growth of the country, prompting the FDIC to adopt a system of deposits to lower the chances of this failore.