Which of the Following Is Not an Example of a Securities

question 40

Multiple Choice

Which of the following is not an example of a securities firm that experienced financial problems as a result of taking on excessive risk when engaging in proprietary trading?

• A) Washington Mutual
• B) Société Générale
• C) Bear Stearns
• D) Barings Bank

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Definitions:

North American Trend

Refers to prevailing patterns, movements, or inclinations within the North American market or cultural context.

Insourcing

Bringing previously outsourced operations back in-house, to gain better control over processes and potentially reduce costs.

Subcontracts

Contracts awarded by a primary contractor to a third party for completing part of the work required in a main contract.

Construction Procurement

The process of acquiring labor, materials, equipment, and services necessary for the construction of a new building or infrastructure.