What was identified as a key factor that led to the 2008 financial crisis?
Wall Street Hasn't Learned the Lessons of 2008, Angelides Says

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased government spending
Technological advancements
High inflation rates
Reckless risk-taking and regulatory neglect
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the banking system changed since the 2008 crisis?
The system is considered safer with stronger capital requirements
There are fewer players in the financial market
Banks have reduced their capital requirements
Banks have increased their risk-taking activities
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a major concern regarding Wall Street's response to the crisis?
Wall Street faced severe economic consequences
Wall Street reduced its influence in the financial market
Wall Street quickly returned to profitability without learning from the crisis
Wall Street executives were held accountable
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was suggested to be more thoroughly investigated for their role in the financial crisis?
Chuck Prince and Robert Rubin
The general public
Small business owners
Technology companies
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant issue with the fines imposed on banks after the crisis?
They were used to fund Wall Street bonuses
They were never collected
They were paid by shareholders, not executives
They were too small to impact the banks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is emphasized as necessary to prevent future financial crises?
Eliminating all financial regulations
Strong regulation and oversight
Encouraging risk-taking on Wall Street
Reducing government oversight
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should be the focus of risk-taking according to the final section?
On Wall Street backed by taxpayer dollars
In the real economy
In foreign markets
In technological innovations
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