Corporate Governance Failures at Fannie Mae and Freddy Mac Included

question 85

Multiple Choice

Corporate governance failures at Fannie Mae and Freddy Mac included all of the following EXCEPT

• A) a lack of understanding regarding the risks of subprime loan strategies.
• B) a strong independent board of directors that was responsible for making independent judgments about the validity and wisdom of management's proposed strategic actions.
• C) inadequate monitoring of the CEO and other senior executives.
• D) fraudulent executive compensation systems.
• E) ineffective oversight of the accounting principles employed to accurately determine earnings.

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Definitions:

Sentence Variety

The use of different length, structure, and types of sentences within a text to make it more engaging and maintain the reader's interest.

Motown Historical Museum

A museum located in Detroit, Michigan, that preserves the legacy of the Motown Record Corporation, including artifacts, photographs, and music exhibits.

Esther Gordy Edwards

An influential figure in the music industry best known for her work with Motown Records and preserving its legacy.

Correctly Punctuated

Properly employing punctuation marks according to grammatical rules within a text to enhance clarity and readability.