Using equations and/or diagrams if appropriate, briefly account for each of the following:

a) the extension of interest rate ceilings to S&Ls after the 1966 credit crunch

b)Alan Greenspan's role in the 1994 bankruptcy of Orange County

c) profiting from the elimination of the interest rate differential between Treasuries and

munis in 1998 and 2008

d) Ben Bernanke's scope for offsetting the effects of the pre-2007 savings "glut"

e) using call options to hedge your exposure to Tesla in 2020