What is the giant pool of money

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Question: To hear a synopsis of the 2008-09 credit crisis. Listen to the radio show This American Life entitled "The Giant Pool of Money" on May 9, 2008 (#355), and then answer the following questions:

a. What is the giant pool of money? How much was it?

b. How did the giant pool of money contribute to the credit crisis?

c. What were other causes of the crisis? What were possible regulatory responses from the federal government? Did a lack of government oversight contribute to the crisis?

Reference no: EM132200824

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