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    Money Banking
  4. Exam
    Exam 15: Conflicts of Interest in the Financial Industry
  5. Question
    In 2008, It Became Clear That the Credit-Rating Agencies ________
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In 2008, It Became Clear That the Credit-Rating Agencies ________

Question 2

Question 2

Multiple Choice

In 2008, it became clear that the credit-rating agencies ________ the risk of the subprime products that ________.


A) overstated; they helped create
B) understated; they helped create
C) overstated; they were paid to rate
D) understated; they were paid to rate

Correct Answer:

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