Which of the following statements about the Global Financial Crisis (GFC) is NOT correct? a. Troubles at Bear Stearns marked the start of the GFC. Troubles at Lehman Brothers marked

the worst of the GFC. b. Bear Stearns was bought by JP Morgan, it was not bailed out or allowed to fail.c. Merryl Lynch was bailed out by the US government, it was deemed 'too big to fail'.d. AIG was bailed out by the US government, it was deemed'too big to fail'.e. In the government bail outs, shareholders lost out significantly but debt-holders were major winners.