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Business, 26.02.2020 05:24 soccerjessie6846

A column in the New York Times noted that during the housing boom that ended in 2006: open double quoteGlobal banks had loaded up on these supposedly safe securities, and were at risk of becoming insolvent when their true value became known. Some banks blew up; others were bailed out. close double quote Source: Neil Irwin, open double quoteWhat 'The Big Short' Gets Right, and Wrong, About the Housing Bubble, close double quote New York Times, December 22, 2015.

Which of the following are the securities the columnist is referring to?

(A) Mortgage-backed securities.
(B) Commercial paper.
(C) Tax-deferred annuities.
(D) Government bonds.

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