Many S&Ls failed in the 1980s mainly because:
A) foreign governments defaulted on bonds that the thrifts were holding.
B) many of their risky real estate loans went bad.
C) Congress gave the home mortgage business to two government agencies, Fannie Mae and Freddie Mac.
D) the Glass-Steagall Act was passed.
Correct Answer:
Verified
Q254: The purpose of the bank holiday declared
Q255: Before the Panic of 1907, trusts:
A)issued their
Q256: The Glass-Steagall Act of 1933:
A)established the Reconstruction
Q257: Trusts _ than national banks.
A)were more closely
Q258: Savings and loans' difficulties began in the
Q260: The Federal Reserve:
A)was established by Franklin Delano
Q261: _ occurs when financial institutions assemble pools
Q262: A firm uses financial leverage when it:
A)replaces
Q263: Long-Term Capital Management made rates of return
Q264: A private investment partnership open only to
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