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How did Special Purpose Vehicles (off balance sheet conduits for consumer loans such as mortgages) and the collapse of the commercial paper market contribute to
How did Special Purpose Vehicles (off balance sheet conduits for consumer loans such as mortgages) and the collapse of the commercial paper market contribute to the financial crisis? How does that event tie into the US government bank bailout? Hint: remember Banks offered Commercial Paper back up facilities. (10 points)
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