During the 2007 - 2009 financial crisis, ___________ and __________, who were major participants in the secondary
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Question:
During the 2007 - 2009 financial crisis, ___________ and __________, who were major participants in the secondary mortgage markets, were on the verge of financial insolvency and possible collapse in mid-2008.
Fannie Mae and Freddie Mac
the Federal Treasury and the Federal Reserve
Morgan Stanley and Smith Barney
Washington Mutual and Lehman Brothers
none of the above
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