Up until 2006, which of the following was not a primary driver for Washington Mutual’s earning?

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Up until 2006, which of the following was not a primary driver for Washington Mutual’s earning?
A . Lending to consumers and small businesses.
B . Deposit taking activities which generated net interest income.
C . The provision of fee based services to its customers.
D . Complex derivative trades based on volatility indices.

Answer: D

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