Which of the following contradicts the textbook's account for the causes behind the financial collapse of 2008?
A) Bundles of mortgages were combined into collateralized debt obligations and sold as if they were sound investments.
B) The greed of mortgage holders and individual investors led to the catastrophe.
C) Several high ranking officials from banks and mortgage companies have been imprisoned for their role in the collapse.
D) NINJA mortgages were issued by some mortgage companies.
Correct Answer:
Verified
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