In the deep recession of 2008-2010 , the government either took over or assumed a major equity stake in which of the following firms:
A) Ford
B) Lehman Brothers
C) All of these firms
D) None of these firms
E) AT&T

Question

Quizplus · Accepted Answer

During the deep recession of 2008-2010, the government did not take over or assume a major equity stake in Ford, Lehman Brothers, or AT&T. Ford did not require a government bailout, Lehman Brothers filed for bankruptcy without a government takeover, and AT&T was not involved in a government equity stake situation during this period.

In the Deep Recession of 2008-2010 , the Government Either