Securitization is a new financial vehicle developed by bankers in the early 2000s to distribute risks and increase earnings during the housing bubble

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: Securitization was developed in 1977. It distributes risks by packaging loans together into mortgage-backed securities sold to many kinds of investors.

Business

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A limitation of observation is that observing a process on one day does not necessarily indicate how the transactions were processed on a different day or over a relevant period of time

a. True b. False Indicate whether the statement is true or false

Business

A company producing standardized products for its customers can be more conservative in its pricing strategy than a company producing custom-designed items

Indicate whether the statement is true or false

Business

Marketing-mix elements should always be evaluated independently rather than in terms of how they work together

Indicate whether the statement is true or false

Business

Which of the following is the most common type of corporate structure that is used by accounting firms that operate in the U.S.?

A) a limited liability partnership B) a corporation C) a cooperative D) a sole trader

Business