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Banks That the Federal Government Labeled as "Too Big to Fail

Question 56

Multiple Choice

Banks that the Federal Government labeled as "too big to fail":


A) had more than 200 employees.
B) had not invested in sub-prime mortgages.
C) used government funds to assist homeowners threatened with foreclosure.
D) were interconnected with other institutions, and the government argued that their collapse would drive the economy into a depression.
E) received federal assistance and were forced to adhere to strict requirements as to its use.

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