The impact of the 2007-2009 financial crisis was widespread,including
A) the first major bank failure in the UK in over 100 years.
B) the failure of Bear Stearns, the fifth-largest U.S. investment bank.
C) the bailout of Fannie Mae and Freddie Mac by the U.S. Treasury.
D) all of the above.
E) only B and C of the above.

Question

Quizplus · Accepted Answer

All of the given options are correct. The financial crisis had a widespread impact, including the failure of major banks like Bear Stearns and the UK's first major bank failure in over a century. Additionally, the US government had to bailout Fannie Mae and Freddie Mac.

The Impact of the 2007-2009 Financial Crisis Was Widespread,including