Which of the following is/are true about the Sub-Prime Crisis? 1. It is a mortgage crisis referring to credit default by the borrowers. 2. Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers. 3. This crisis originated because of negligence in credit rating of the borrowers.

Which of the following is/are true about the Sub-Prime Crisis? 1. It i

1.	Which of the following is/are true about the Sub-Prime Crisis? 1. It is a mortgage crisis referring to credit default by the borrowers. 2. Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers. 3. This crisis originated because of negligence in credit rating of the borrowers.
A.	Only 1
B.	Only 2
C.	Only 3
D.	All 1, 2, and 3
Answer» E.