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%, on average.
C) loans were given to people with no income.
D) a sizeable portion of the securitized loans had little or no documentation.
E) All of the above