The ________ concept played a huge role in risky and/or fraudulent subprime mortgage loans because lenders could make such loans and then use credit default swaps to avoid the consequences by passing the risk on to another party or institution.

Question

Quizplus · Accepted Answer

A)The moral hazard concept played a huge role in the subprime mortgage mess because lenders could make risky, ridiculous, or even fraudulent loans and immediately pass the risk on to someone else.
B)The moral hazard concept played a huge role in the subprime mortgage mess because lenders could make risky, ridiculous, or even fraudulent loans and immediately pass the risk on to someone else.
C)The moral hazard concept played a huge role in the subprime mortgage mess because lenders could make risky, ridiculous, or even fraudulent loans and immediately pass the risk on to someone else.
D)The moral hazard concept played a huge role in the subprime mortgage mess because lenders could make risky, ridiculous, or even fraudulent loans and immediately pass the risk on to someone else.
E)The moral hazard concept played a huge role in the subprime mortgage mess because lenders could make risky, ridiculous, or even fraudulent loans and immediately pass the risk on to someone else.

The ________ Concept Played a Huge Role in Risky And/or