In Standard Circumstances a Firm __________ When Its __________

Multiple Choice

In standard circumstances a firm __________ when its __________.In financial markets this approach didn't work following the ____.

A) files for bankruptcy;liabilities exceed its assets;collapse of Lehman Brothers
B) sells its assets at fire sale prices;profits are negative;AIG debacle
C) increases its risky holdings;revenues fall;volatility of exchange rates in Japan
D) borrows liquidity from the Fed;its leverage ratio rises above 75;passage of the TARP legislation
E) outsources its labor;net revenues are negative;purchase of Merrill Lynch by the Bank of America