Why didn't investors caught in the Subprime Lending Crisis take earlier note of the risks inherent in investments known as collateralized debt as obligations (CDOs) ?
A) Greed and the desire for high returns.
B) Banks were selling and buying them.
C) Risks were buried in complex, jargon-oriented documents.
D) Risks were diversified over many mortgages.
E) Only three of the above.
Correct Answer:
Verified
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