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3 ) Match the banks to their fate during the 2008 Financial Crisis. 3.1 Merrill

ID: 1152110 • Letter: 3

Question

3 ) Match the banks to their fate during the 2008 Financial Crisis.

3.1 Merrill Lynch

3.2 Bear Stearns

3.3 Lehman Brothers

3.4 Morgan Stanley

4) What does PDCF stand for?

Select one:

a. Primary Dealer Credit Facility

b. Prime Dealer Control Facility

c. Primary Default Case Facilitator

d. Professional Dealer Cost Factor

3.1 Merrill Lynch

Choose...(Taken over by Bank of America,Bankruptcy,Borrowed a lot from the Primary Dealer Credit Facility,Taken over by JP Morgan Chase)

3.2 Bear Stearns

Choose....(Taken over by Bank of America,Bankruptcy,Borrowed a lot from the Primary Dealer Credit Facility,Taken over by JP Morgan Chase)

3.3 Lehman Brothers

Choose....(Taken over by Bank of America,Bankruptcy,Borrowed a lot from the Primary Dealer Credit Facility,Taken over by JP Morgan Chase)

3.4 Morgan Stanley

Choose....(Taken over by Bank of America,Bankruptcy,Borrowed a lot from the Primary Dealer Credit Facility,Taken over by JP Morgan Chase)

Explanation / Answer

3.

Merrill Lynch- taken over by Bank of America

Bear Stearns - Taken over by JP Morgan Chase

Lehman Brothers- bankrupsy

Morgan Stanley -Borrowed a lot from the Primary Dealer Credit Facility

4. a. Primary Dealer Credit Facility -PDCA