A Fundamental Problem with Goldman Sachs' GSAMP Trust Was That

Multiple Choice

A fundamental problem with Goldman Sachs' GSAMP Trust was that:

A) Loans were given to people with poor credit histories
B) Homeowners' equity in the securitized mortgages was less than 1 percent on average
C) Loans were given to people with no income
D) 58 percent of the securitized loans had little or no documentation
E) All of the above