candicebuggs1996 candicebuggs1996
  • 24-05-2023
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1. As the CEO of the Federal Reserve, you have been notified by your staff that CDOs sold to investors by major investment banks are comprised of 65% mortgages with FICO scores below 550 (subprime) and they are AAA rated. What is the appropriate course of action to address the source of this issue?


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