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Part 1

Which one of the following did not occur following the Crisis of 2008?

A.

JP Morgan first took over Bear Stearns and then WAMU; Bank of America took over Countrywide and Merrill Lynch

B.

JP Morgan first took over Bear Stearns and then WAMU;

C.

JP Morgan first took over Bear Stearns

D.

JP Morgan took over first Lehman Brothers and then WAMU; Bank of America took over Security Pacific and Merrill Lynch; Wells Fargo took over Morgan Stanley.