Question
1- What are the things that encouraged the customers to take more mortgages? (the answer should be more than one) a. Reduced bank regulations b.
1- What are the things that encouraged the customers to take more mortgages? (the answer should be more than one)
a. Reduced bank regulations
b. Increased bank regulations
c. High interest rate
d. Low interest rate
2-
What was the name of the bank that started the banking crisis by asking for a financial support from Bank of England?
a. Barclays
b. Northern Rock Bank
c. Citi group
d. HSBC
3- The key trigger of 2008 financial meltdown was the easy lending in the US housing market.
TRUE
FALSE
4- The Fed agreed to step in to control the mortgage business.
TRUE
FALSE
5- The securities backed on mortgages were traded in US financial market exclusively.
TRUE
FALSE
6- Lehman Brothers faced the largest bankruptcy in the US market.
TRUE
FALSE
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