Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.

By signing up, I agree to StudyStack's Terms of Service and Privacy Policy.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove ads
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards




share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

FIN 437 Test 1

QuestionAnswer
What happened to Goldman Sachs in 2008 Converted to a bank holding company
What happened to Bear Stearns in 2008 Acquired by JP Morgan Chase
What happened to Morgan Stanley in 2008 Converted to a bank holding company
What happened to Lehman Brothers in 2008 Allowed to fail
What happened to Merrill Lynch in 2008 Acquired by Bank of America
Which act separated commercial banking, investment banking and insurance into three separate industries? Glass-Steagall Act
Which act limited the activities a company could engage in if it owned a bank Bank Holding Company Act
Which of the following mortgage types were offered to subprime borrowers Interest only, and optional adjustable-rate
The U.S. government took all of the following actions to address the credit crisis in 2008 except: Created the Keep Banks Solvent agency
At the end of 2008, which of the following investment banks remained "independent" Goldman Sachs
In 2008, the US Department of the Treasury supported financial institutions by: Purchasing troubled assets, buying preferred stock in some institutions, issuing guarantees on money market funds, and increasing the deposit insurance limit
Banks with __________ in assets are typically community banks less than $1 billion
An "independent bank" is: not controlled by a multi-bank holding company or any other outside interest
Created by: jms1071