Which of the following financial crises or fiascos were NOT related to the Subprime Lending Crisis?

Question

Quizplus · Accepted Answer

Bernie Madoff's Ponzi scheme and the insider trading scandal involving the Galleon Group were not directly related to the Subprime Lending Crisis. The Subprime Lending Crisis primarily involved the collapse of mortgage-backed securities and institutions heavily invested in them, like Bear Stearns and Lehman Brothers. Bernie Madoff's scheme was a fraudulent investment operation, and the Galleon Group was implicated in an insider trading case, both of which are unrelated to the housing market's collapse.

Which of the Following Financial Crises or Fiascos Were NOT