During the class lecture we learned that the U.S. commercial paper market collapsed during the 2008 Financial Crisis. --- Commercial paper are simply unsecured notes that large corporations sell to investors. This is a common method that large firms use to raise quick cash without having to make a formal bank loan application. During 2008-2009, the Federal Reserve Bank was forced to enter into this marketplace to buy commercial paper in order to prevent the crisis from getting worse. (Free Gift: Mark True - This Is True - Gee Thanks Mr. Torres !) True or False True False