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The way the Federal Reserve and Congress ultimately bailed out the banking system in the 2007-2008 financial crisis was to: A. create a company to
The way the Federal Reserve and Congress ultimately bailed out the banking system in the 2007-2008 financial crisis was to:
A. create a company to sell the toxic assets.
B. make an equity investment in a number of large banks.
C. because of moral hazard, the Fed and Congress did not bail out the banks.
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