Which of the following forms a part of the principal conclusions reached by the majority of members of the Financial Crisis Inquiry Commission (FCIC) with regard to the causes of the financial crisis?

Question

Quizplus · Accepted Answer

The principal conclusions of the FCIC report, as stated by the majority, include the failure of credit rating agencies as important factors in the financial crisis. Option A is incorrect, as the report found a breakdown in accountability and ethical behavior as a cause. Option B is also incorrect, as the report concluded that the financial crisis was avoidable. Option C is incorrect, as the report states that over-the-counter derivatives contributed significantly to the crisis.

Which of the Following Forms a Part of the Principal