Subprime Crisis quiz

These are parts of underlying asset in Asset Backed Securities (ABS) EXCEPT :

• credit card debt

• bonds

• student loans

• home loans

Who is Fannie Mae and Freddie Mac?

• Investment Bank and Commercial Bank

• Government and Mortgage Lender

• Government sponsored enterprises

• Insurance sponsored company

How much AIG bailout during crisis?

• 100 billion

• 104 billion

• 64 million

• 85 billion

These are the recommendations for the issues of rising non performing loans EXCEPT :

• Implement Stricter Loan Evaluation Protocols.

• Encourage Diversification in Loan Portfolios.

• Enhance Monitoring and Reporting.

• BONUS MARK marttt!

When the Lehman Brothers declare bankruptcy?

• 8 February 2007

• 15 September 2008

• 16 September 2008

• 9 December 2007