Which of the Following Statements About the Financial Crisis from 2007

Multiple Choice

Which of the following statements about the financial crisis from 2007 to 2009 is incorrect?

A) The U.S. Federal Reserve played the role of "lender of last resort."
B) The Federal Reserve rescued AIG, one of the world's largest bank insurers.
C) Under Obama, the U.S. Congress passed a $2 trillion stimulus spending package.
D) The U.S. temporarily government gained majority ownership of General Motors (GM) and Chrysler.