Which of the following statement regarding the "Great Recession" is NOT true. Select one: a. The crisis has many causes rather than only one cause: subprime mortgage. b. Mortgage backed securities didn't exist in the 1990s. It was a complete new financial product started right before the crisis. c. Many high profile companies received government bailout, such as Goldman Sachs, Chrysler, AIG...etc. d. Fannie Mae and Freddie Mac were taken under conservatory by the government. Which of the following statement about Fannie Mae and Freddie Mac is NOT true. Select one: a. Both of them are government agencies, which means they are part of the government. b. Both of the were in trouble during the subprime mortgage crisis, and received government bailout c. According to the government, both of them need to provide liquidity to banks by purchasing mortgage from banks. d. Both of them were not able to pay back the bailout money to the government on time, and are right now still under conservatory. e. Both A and D of the above. The impact of the 2007-2009 financial crisis was widespread, including Select one: a. the collapse of Merrill Lynch. b. the failure of Bear Stearns, the fifth-largest U.S. investment bank. c. the bailout of Fannie Mae and Freddie Mac by the U.S. Treasury. d. all of the above. e. only B and C of the above