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

A) Consumers, especially homeowners, took on too much debt.
B) Too many subprime loans were repackaged and sold as securities.
C) The U.S. government promised to buy unlimited amounts of debt from FHLB.
D) Real estate prices collapsed.


C) The U.S. government promised to buy unlimited amounts of debt from FHLB.

Business

You might also like to view...

When processing non-invoiced disbursements, the trigger for either a true voucher process or a non voucher process is a(n) ______________________________

Fill in the blank(s) with correct word

Business

What point is the text making when it mentions Enron’s 60-page Code of Conduct?

a. Having too long a code of conduct increases the chances it will be ignored by employees. b. Having a code of conduct is meaningless unless it is matched by action. c. Failing to have a lawyer vet or contribute to the development of the code opens the door to lax enforcement. d. Once implemented, a solid code of conduct can reduce incidences of corporate malfeasance.

Business

A(n) ______ measures financial, customer service, and internal business performance as well as learning and growth performance.

a. labor analysis b. balanced scorecard c. financial report d. internal business report

Business

One criticism of servant leadership is ______.

A. researchers have been unable to reach a consensus on a common definition B. servant leadership makes altruism the central component of the leadership process C. there is not enough focus on the role of influence and power in leadership D. a follower’s readiness to receive servant leadership moderates its potential usefulness

Business