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PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition 8009 Question # 8 Topic 1 Discussion

PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition 8009 Question # 8 Topic 1 Discussion

8009 Exam Topic 1 Question 8 Discussion:
Question #: 8
Topic #: 1

Which of the following was not cited within the chain of miscalculations and deferred decisions for the downfall of Fannie Mae and Freddie Mac


A.

Extreme exposure to foreign currency exposures and losses from non-US$ mortgages


B.

Lawmakers postponed strenghtening regulatory oversight due to partisan infighting


C.

Under-management and under-measurement of market and liquidity risk


D.

They did not raise enough capital to weather the storm as the housing slump expanded


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