Financial Crisis Assignment

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    Financial Crisis Assignment

    According to Wheelan, the problem with the Value at Risk measure that contributed to the 2008 financial crisis was that: Question options: It wasn’t used widely enough to prevent risky behavior among most firms on Wall Street It didn’t incorporate enough information about past market movements to be accurate It didn’t account for the potential for catastrophic loss, however unlikely it was All of the above None of the above. Get Social Science help today

    According to Wheelan, the problem with the Value at Risk measure that contributed to the 2008 financial crisis was that:

    Question options:

    It wasn’t used widely enough to prevent risky behavior among most firms on Wall Street

    It didn’t incorporate enough information about past market movements to be accurate

    It didn’t account for the potential for catastrophic loss, however unlikely it was

    All of the above

    None of the above. Get Social Science help today