Many Lessons Should Be Learned from the Credit Crunch

question 63

Multiple Choice

Many lessons should be learned from the credit crunch.

• A)One lesson is that credit rating agencies need to refine their models for evaluating esoteric credit risk created in MBS and CDOs.
• B)One lesson is that borrowers must be more wary of putting complete faith in credit ratings.
• C)One lesson is that bankers seem not to scrutinize credit risk as closely when they serve only as mortgage originators and then pass it on to MBS investors rather than hold the paper themselves.
• D)All of the above

---

Definitions:

Table's Design

Refers to the structure and layout of a database table, including its fields, data types, and relationships with other tables.

Data Type

A classification that specifies the type of data that a variable or object can hold, such as integer, floating-point, or string.

Field Value

The specific data or content stored within a field in a database record.

Navigation Bar

A user interface element that provides users with easy access to primary navigation options across the top or side of a screen or page.