Question: Who was President and CEO of the New York Federal Reserve Bank in June 2008?
Answer: In a June 2008 speech, President and CEO of the New York Federal Reserve Bank Timothy Geithnerwho in 2009 became Secretary of the United States Treasuryplaced significant blame for the freezing of credit markets on a "run" on the entities in the "parallel" banking system, also called the shadow banking system.
A single-select problem: Is the question answered in a satisfactory fashion?

(a). yes.
(b). no.
(a).