Derivatives were involved in many of the events that led up to the 2007-2008 financial crisis in the U.S.

Name: Derivatives were involved in many of the events that led up to the 2007-2008 financial crisis in the U.S.
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Question

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Derivatives, particularly mortgage-backed securities and their complex variations, played a significant role in the buildup of risk in the financial system, contributing to the severity of the 2007-2008 financial crisis.

Derivatives Were Involved in Many of the Events That Led