Why have asset-backed securities become important in capital markets? . Explain how and why the junk bond market had an impact on commercial bank lending Explain why investors should always make a tax-exempt and taxable comparison when buying bonds. . Approximately how many banks operate in the United States? Discuss trends in the number of banks versus the number of banking offices What are the major reasons that banks sell loans? . of the 5 C's of credit, what one do you think is the most important