{"id":977,"date":"2018-06-16T09:00:26","date_gmt":"2018-06-16T09:00:26","guid":{"rendered":"https:\/\/scholarblogs.emory.edu\/gbsl\/?p=977"},"modified":"2017-12-06T19:19:27","modified_gmt":"2017-12-06T19:19:27","slug":"tdibh-fdic-is-founded","status":"publish","type":"post","link":"https:\/\/scholarblogs.emory.edu\/gbsl\/tdibh-fdic-is-founded\/","title":{"rendered":"This Day in Business History: The FDIC Is Founded as a Provision of the Glass-Steagall Act"},"content":{"rendered":"<p><strong>June 16, 1933<\/strong>: Following the failure of nearly five thousand banks in 1929, which promulgated the Great Depression, the Glass-Steagall Act was signed into law. As a provision, and the Federal Deposit Insurance Corporation was established to protect bank customers&#8217; deposits in the event of future bank failures.<\/p>\n<p>Source:\u00a0<a href=\"http:\/\/discovere.emory.edu\/business:default_scope:01EMORY_ALMA51274941860002486\"><span style=\"font-weight: 400\">The Oxford Encyclopedia of American Business, Labor, and Economic History<\/span><\/a><\/p>\n<p>Read more from the Goizueta Business Library Collection:<\/p>\n<p><a href=\"https:\/\/scholarblogs.emory.edu\/gbsl\/files\/2016\/06\/FDIC.jpg\" rel=\"attachment wp-att-978\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-978 alignleft\" src=\"https:\/\/scholarblogs.emory.edu\/gbsl\/files\/2016\/06\/FDIC.jpg\" alt=\"FDIC\" width=\"128\" height=\"191\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/discovere.emory.edu\/business:default_scope:01EMORY_ALMA21270078230002486\" target=\"_blank\">Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/scholarblogs.emory.edu\/gbsl\/files\/2016\/06\/bull-by-horns.jpg\" rel=\"attachment wp-att-980\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-980 alignleft\" src=\"https:\/\/scholarblogs.emory.edu\/gbsl\/files\/2016\/06\/bull-by-horns.jpg\" alt=\"bull by horns\" width=\"128\" height=\"193\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/discovere.emory.edu\/business:default_scope:01EMORY_ALMA21262902890002486\" target=\"_blank\">Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>June 16, 1933: Following the failure of nearly five thousand banks in 1929, which promulgated the Great Depression, the Glass-Steagall Act was signed into law. As a provision, and the Federal Deposit Insurance Corporation was established to protect bank customers&#8217; deposits in the event of future bank failures. Source:\u00a0The Oxford Encyclopedia of American Business, Labor, <a class=\"more-link\" href=\"https:\/\/scholarblogs.emory.edu\/gbsl\/tdibh-fdic-is-founded\/\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":2869,"featured_media":1152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36,67],"tags":[],"class_list":["post-977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-updates","category-history"],"jetpack_featured_media_url":"https:\/\/scholarblogs.emory.edu\/gbsl\/files\/2016\/06\/FDIC_Seal_by_Matthew_Bisanz.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/posts\/977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/users\/2869"}],"replies":[{"embeddable":true,"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/comments?post=977"}],"version-history":[{"count":4,"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/posts\/977\/revisions"}],"predecessor-version":[{"id":983,"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/posts\/977\/revisions\/983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/media\/1152"}],"wp:attachment":[{"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/media?parent=977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/categories?post=977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scholarblogs.emory.edu\/gbsl\/wp-json\/wp\/v2\/tags?post=977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}