Multiple Choice
During the 2007 - 2009 financial crisis, ___________ and __________, who were major participants in the secondary mortgage markets, were on the verge of financial insolvency and possible collapse in mid-2008.
A) Fannie Mae; Freddie Mac
B) the Federal Treasury; the Federal Reserve
C) Morgan Stanley; Smith Barney
D) Washington Mutual; Lehman Brothers
Correct Answer:
Verified
Correct Answer:
Verified
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