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After the housing market collapsed in 2008, regulators reviewed major banks' credit reserves from just before the collapse and found the banks' Allowance for Credit
After the housing market collapsed in 2008, regulators reviewed major banks' credit reserves from just before the collapse and found the banks' Allowance for Credit Losses reserves to be inadequate. This finding could be an example of: Select one: a. Escalation of commitment bias b. Group think bias c. Confirmation bias d. hindsight bias e. Anchoring and adjustment bias
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