PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition 8009 Question # 31 Topic 4 Discussion

PRMIA Exam IV: Case Studies: Standards: Governance, Best Practices and Ethics - 2015 Edition 8009 Question # 31 Topic 4 Discussion

8009 Exam Topic 4 Question 31 Discussion:
Question #: 31
Topic #: 4

The failure of Washington Mutual was NOT due to which one of the following?


A.

Using a combination of subprime mortgage loans and credit cards


B.

It failed due to the poor quality of its assets


C.

Low lending standards and bad quality acquisitions


D.

A run on its deposits by bank customers


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