What caused the financial crisis

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Questions

1. What caused the financial crisis of 2008? Which of these causes do you believe most important and why?

2. How grave was the danger to the U.S. economy from the crisis?

3. How did the government agencies respond? How well did those responses serve to quell the crisis?

4. What are CDOs? How did they work and what were their effects on the Financial Crisis?

Reference no: EM133639936

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