Had there been no coverage of the Irish and Spanish bonds by the larger banks, _____.

Question

Quizplus · Accepted Answer

If the larger banks had not covered the Irish and Spanish bonds, it is possible that there would not have been as much investment in the housing markets in these countries, which contributed to the housing bubbles and subsequent financial crises. Therefore, without this coverage, there may have been no housing bubbles in Ireland and Spain.

Had There Been No Coverage of the Irish and Spanish