Multiple Choice
The difference between Bear Stearns and Lehman Brothers was that
A) the Fed bailed out Bear Stearns and did not bail out Lehman Brothers.
B) the Fed bailed out Lehman Brothers and did not bail out Bear Stearns.
C) Lehman Brothers was an investment bank and Bear Stearns was a commercial bank.
D) Bear Stearns was a commercial bank and Lehman Brothers was an investment bank.
Correct Answer:
Verified
Correct Answer:
Verified
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