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What was the source of the problems encountered by many financial firms during the late 2000s?
Business Firm
An organization engaged in commercial, industrial, or professional activities, either for profit or non-profit.
Independent Regulatory Agencies
Independent regulatory agencies are federal bodies created by Congress to enforce and regulate specific areas of economic activity, operating with some degree of independence from executive control.
Federal Communications Commission
A United States government agency that regulates interstate and international communications via radio, television, wire, satellite, and cable.
Executive Branch
The branch of government responsible for implementing and enforcing laws, usually led by a president or prime minister.
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