Tracing the causes of the recent banking crisis, which of the following organizations' activities is not in the news as having been a contributor to the crisis?
A) The Federal Reserve suppressed interest rates which made it easier for prospective home owners and others to get loans.
B) Congress promoted questionable loans.
C) Banks dealt in MBSs (Mortgage Backed Securities) that were not as safe as assumed.
D) Pension funds invested in risky investments.
Correct Answer:
Verified
Q253: Designed to create more confidence in banking
Q257: The _ insures deposits held in credit
Q270: On payday, employers can designate their banks
Q276: Alfredo banks at a commercial bank that
Q278: Which of the following is a major
Q281: _ currently provides for regulating international banking
Q281: A _ represents an unconditional agreement by
Q283: Which of the following is a bank
Q284: Juan has an authorized work permit issued
Q284: If the Fed increases interest rates in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents