Question

What does the FSLIC do?

It provides extra money to savings and loan companies.
It provides insurance against savings and loan failures.
It provides insurance against any banks that fail.
It creates a federally controlled savings organization.

Answer 1

the answer is It provides insurance against savings and loan failures.

Step-by-step explanation:

the Federal Savings and Loan Insurance Corporation, also known as the FSLIC, was an institution meant to administer deposit insurance for loan and savings institutions in the US. After The Final Institutions Reform, Recovery, and Enforcement Act from 1989 (also known as the FIRREA), the FSLIC was dismantled and the responsibilities of that institution were passed to the Federal Deposit Insurance Corporation (FDIC).

Answer 2

It provides insurance against savings and loan failures.

Step-by-step explanation:

the Federal Savings and Loan Insurance Corporation, also known as the FSLIC, was an institution meant to administer deposit insurance for loan and savings institutions in the US. After The Final Institutions Reform, Recovery, and Enforcement Act from 1989 (also known as the FIRREA), the FSLIC was dismantled and the responsibilities of that institution were passed to the Federal Deposit Insurance Corporation (FDIC).