Which of the following financial institutions converted to bank holding companies in the financial collapse?
A) Wells Fargo
B) Goldman Sachs
C) the National Bureau of Economic Holdings
D) Citicorp
E) the Federal Reserve

Question

Quizplus · Accepted Answer

Goldman Sachs converted to a bank holding company during the financial collapse to gain access to the Federal Reserve's discount window, a move that provided it with greater financial stability during the crisis.

Which of the Following Financial Institutions Converted to Bank Holding