FIN 437 Test 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| 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
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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
Normal Size Small Size show me how
Created by:
jms1071
Popular Finance sets