Some firms, such as Goldman Sachs and Morgan Stanley, which were highly exposed to mortgage-backed securities, became <u>commercial</u> to qualify for emergency loans.
Securities are fungible and tradable economic devices used to raise capital in public and private markets. There are broadly speaking 3 sorts of securities: fairness—which offers ownership rights to holders; debt—essentially loans repaid with periodic payments; and hybrids—which combine elements of debt and fairness.
Stocks, bonds, preferred stocks, and ETFs are among the most commonplace examples of marketable securities. Cash marketplace instruments, futures, alternatives, and hedge fund investments can also be marketable securities.
Security is a tradable economic asset. The time period generally refers to any shape of a financial device, but its criminal definition varies via jurisdiction.
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