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PRMIA
8009
PRMIA.8009.v2022-05-13.q37 Practice Test (Page 9)
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8009 Exam Question
36
Which US regulatory authority resolved the restructuring of Washington Mutual?
A.
Federal Deposit Insurance Corporation
B.
The Federal Reserve Bank
C.
The Office of Thrift Supervision
D.
None of the above
Correct Answer:
C
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8009 Exam Question
37
Which of the following was NOT a factor in the Long Term Capital Management case?
A.
Model risk
B.
Inadequate separation of front and back offices
C.
Changes/breakdowns in historical correlations
D.
Unwinding of liquid positions at the beginning of major losses
Correct Answer:
B
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