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Local, small banks, sold off loans to larger banks for quick cash because they knew the loans were not being repaid.
True
World
Interest
Government
True
Insure
Fund pensions
Government
Investors were looking for something to invest in. The housing market had been stable for many years. They bought lots of loans from banks in an effort to ____________.
True
World
Interest
Government
True
Insure
Fund pensions
Government
The whole process gets out of hand and then the whole __________is involved in the housing market.
True
World
Interest
Government
True
Insure
Fund pensions
Government
Before the 2008 Banking Crisis the banks lobbied the government to relax restrictions on loans. The ______________does relax regulations on loans.
True
World
Interest
Government
True
Insure
Fund pensions
Government
Global investors get smart and realize they have no idea who is repaying loans and who is not. So, they ____________the loans.
True
World
Interest
Government
True
Insure
Fund pensions
Government
In the end, the banks and insurance companies get a government bailout by the government. Many Americans lose their homes and their savings.
True
World
Interest
Government
True
Insure
Fund pensions
Government
Who is at fault for the 2008 financial crisis? The banks and the borrowers are both to blame. However; the ______________pushed banks to make bad loans.
True
World
Interest
Government
True
Insure
Fund pensions
Government
The reason banks lend money is so they can make money through _____________.
True
World
Interest
Government
True
Insure
Fund pensions
Government
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