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“The Great Recession – Why it happened and why it was a big deal.” Your submission must contain the following issues: • What caused the recession

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your sourcee.
The Assignment
“The Great Recession – Why it happened and
why it was a big deal.”
Your submission must contain the following
issues:
• What caused the recession
• Steps taken by the Fed to minimize the
recession
• Credit default swaps
• Mortgage-backed security (MBS), Asset
backed security (ABS), and Collateralize
Debt Obligation (CDO)