1. This legislation deregulated financial services & ended curbs on derivatives trading both of which played big roles i

[answerhappygod]

1. This legislation deregulated financial services & ended
curbs on derivatives trading both of which played big roles in
causing the Financial Crisis.
Sarbanes-Oxley Act
Dodd-Frank Act
Financial Services Modernization Act (Gramm-Leach-Bliley
Act)
Glass-Steagall Act
2. Before being forced to sell itself to JPMorgan, Bear Stearns
was dangerously levered (ie., assets/equity ratio):
400:1
30:1
1:1
80:1
3. The Federal Reserve Board (Fed) acted swiftly &
effectively to prevent the Financial Crisis or at least to limit
its damage.
True
False
4. You're borrowing money. You forecast that interest rates will
fall. Therefore, would you prefer to borrow at a fixed or at a
variable rate?
Variable
Fixed
It doesn't matter
5. The financial services industry lobbyists pitching the US
Congress played a role in preventing the Financial Crisis or at
least in limiting its damage.
True
False
6. The executives of which firms claimed that "they were just
our opinions" when they testified to Congress about their
organizations' roles in the Financial Crisis.
Investment banks
Commercial banks
Insurance companies
Credit rating agencies
7. US regulators were able to force a last-minute deal for the
UK's Barclays to buy Lehman Brothers.
True
False