Question
Credit default swaps contributed to the financial crisis of 2008 because they provided an illusion that FIs were insured against their loans defaulting. This led
Credit default swaps contributed to the financial crisis of 2008 because they provided an illusion that FIs were insured against their loans defaulting. This led to FIs lowering their standards for providing credit to consumers.
True / False
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
