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According to the 2008 Financial Crisis video, what was the role of investment banks? Group of answer choices Evaluated default risks and rate investors' holdings
According to the 2008 Financial Crisis video, what was the role of investment banks? Group of answer choices Evaluated default risks and rate investors' holdings Created predatory subprime mortgages for borrowers Bought mortgages, pooled them together, and sell shares to investors as mortgage-backed securities Sold credit default swaps, derivatives that pay out of a mortgage borrower defaults
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