Lehman Brothers and Goldman Sachs were investment banks that were A)
Lehman Brothers and Goldman Sachs were investment banks that were
A) not allowed to speculate in the stock market and were federally insured.
B) free to speculate in the stock market and were federally insured.
C) not allowed to speculate in the stock market but not federally insured.
D) free to speculate in the stock market but not federally insured.
ANSWER
Answer: D
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