Which statement is FALSE? A. The aftermath of the Panic of 1907 was a four-year recession and an increase in unemployment. B. The Panic of 1907 began on the west coast of the United States in response to speculation about gold. C. The Panic of 1907 began with the failure of the Knickerbocker Trust, a large New York City trust. D. The banker J.P. Morgan intervened to stop the spreading financial panic in 1907.
