The failure of Washington Mutual was NOT due to which one of the following?
Using a combination of subprime mortgage loans and credit cards
It failed due to the poor quality of its assets
Low lending standards and bad quality acquisitions
A run on its deposits by bank customers
The problems at WorldCom can best be characterized as related to:
Market Risk
Credit Risk
Operational and Regulatory Compliance Risk
All of the Above
The hedging strategy employed by MG Refining & Marketing has been called:
Dynamic hedging
A stacked hedge
A differential hedge
Nothing because MG Refining & Marketing did not hedge its position
