All of these are recognized as important influences in the development of the banking crisis of 2008 and the resulting credit crisis EXCEPT

Question

Quizplus · Accepted Answer

While consumers taking on too much debt, the repackaging of subprime loans as securities, and the collapse of real estate prices were all major factors in the banking crisis of 2008, the U.S. government promising to buy unlimited amounts of debt from FHLB was not a major factor.

All of These Are Recognized as Important Influences in the Development