What was the original purpose of mortgaged backed securities? a. screw up the economy b. prevent speculation in the housing market c. diversify the economy d. reduce liquidity in housing markets e. increase liquidity in real estate financing markets f. provide a basis for derivative developmentWho was responsible for handling a run on the bank before 1913? a. The U.S. Treasury Department b. The Federal Reserve c. The Bank Oversight Office d. Banks themselves e. Local town mayors and city officials f. An anonymous official known only as 'M