In Dec 2007, the Fed introduced the Term Auction Facility (TAF) allowing banks to borrow from the Fed using collateral against which the market was unwilling to lend (e.g. mortgage back securities). The TAF was in place because: Select one: 0 A. only healthy and largest banks are eligible to borrow from the discount window. 0 B. unhealthy banks may not want to borrow from the Fed. O C. the facility allows the Fed to recapitalize troubled nancial institutions quickly. 0 D. prior interventions ofthe Federal Deposit Insurance Corporation (FDIC) were ineffective in containing the bank panic