All of the following contributed to the banking crisis of 2008 EXCEPT:

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The other three choices all directly contributed to the banking crisis of 2008. The Federal Reserve's low interest rates encouraged people to take out loans they could not afford, banks issued risky "subprime" mortgages to people who could not afford them, and Wall Street bankers developed complex financial instruments based on these risky mortgages that they then sold to investors. However, the Federal Reserve and other regulatory agencies did not do enough to regulate these risky practices and prevent the crisis from occurring.

All of the Following Contributed to the Banking Crisis of 2008