All of the following are examples of shadow banks except:
A) Bear Sterns
B) AIG
C) Bank of America
D) Lehman Brothers

Name: All of the following are examples of shadow banks except: A) Bear Sterns B) AIG C) Bank of America D) Lehman Brothers
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Question

Quizplus · Accepted Answer

Bank of America is a traditional bank and not considered a shadow bank. The other choices are examples of shadow banks, as they engage in activities similar to traditional banks but operate outside of regulatory oversight.

All of the Following Are Examples of Shadow Banks Except