When Financial Markets and Institutions Are Working Well

When financial markets and institutions are working well:

A) They create social value by providing funds to businesses and individuals that can be used for productive purposes.
B) A financial crisis occurs.
C) Managers engage in managerial expense preference behavior buying lavish furniture for their offices and taking high travel expenses and getting other perks.
D) Managers get large fees from pushing products on consumers and making large volumes of subprime loans.