Question

Which of the following occurred during the credit crisis? Check all that apply. Some large securities firms were either acquired by commercial banks or converted into bank holding companies. The Federal Reserve intervened to help securities firms in an attempt to reduce the adverse effects caused by systemic risk. Securities firms experienced financial problems due to their low degree of financial leverage. Many commercial banks were forced to convert to securities firms.

Answer 1

The Federal Reserve intervened to help securities firms in an attempt to reduce the adverse effects caused by systemic risk.

Some large securities firms were either acquired by commercial banks or converted into bank holding companies.

Step-by-step explanation:

The above statements arise during the credit crisis period as the federal reserve would bailed out the huge number of securities at the time of the credit crisis Also som big securities firms would be either purchased by the commercial bank or they are transform into the bank holding companies such as bank of America merrill lynch so that they prevent and save the securities firms

Hence, the above statements represent the same