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Which is not generally considered a cause of the 2008 financial crisis? Question 11 options: Bundling...

Which is not generally considered a cause of the 2008 financial crisis?

Question 11 options:

Bundling of mortgages into securities

Subprime lending

None of the above

Decisions made by Janet Yellen

Greed

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Answer #0

Ques11: The correct answer is D. Decision made by Janet Yellen.

Option A is wrong as there were huge securitization which was done by the financial institutions in which mortages are converted into securities.

Option B is also wrong subprime lending is the root cause of the crisis.

Option E is wrong in order to earn more or greed to earn more NBFC lend money to borrowers having bad credit history.

Therefore, Option D is correct

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