Question

In 2008, what bank did the Bush administration allow to fail?

a. AIG

b. Citigroup

c. Bank of America

d. Fannie Mae

e. Lehman Brothers

ANS: E TOP: The Great Recession DIF: Moderate

REF: Full p. 1113 | Seagull p. 1134

MSC: Understanding OBJ: 1. Explain what events eroded support for President Bushs policies during his second term.

Answer

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