Question 12 Not yet answered Marked out of 1.00 p Flag question Which one of the following statements is not correct? Select one: oa. Northern Rock took on too many mortgages without sufficient collateral, and were unable to continue financing existing mortgage liabilities O b. One of the triggers for the sub-prime crisis was the use of low introductory mortgage rates, when they expired, the mortgagees were unable to pay the increased payments c. The financial crisis of 2008 was caused by the Chinese government buying too many US government bonds d. Bear Sterns relied on the repo market to finance its mortgage loans, using mortgage-backed bonds as collateral for loans