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

Question

Quizplus · Accepted Answer

While the other choices are recognized as important influences in the banking and credit crisis, the IMF did not bail out Freddie Mac and Fannie Mae. The US government took direct control of the two mortgage giants, injecting billions of dollars in capital and assuming direct responsibility for their debts.

All of the Following Are Recognized as an Important Influences