As the Fed responded to the financial crisis that followed the collapse of the housing market,certain banks were:

Question

Quizplus · Accepted Answer

During the financial crisis, certain banks were deemed too large to fail by the Fed as their failure would have resulted in a domino effect in the highly integrated financial system. These banks were provided with federal assistance in order to prevent their collapse, and thus prevent substantial damage to the overall economy.

As the Fed Responded to the Financial Crisis That Followed