Q: What financial institution went bankrupt and was liquidated in 2007?
A: Lehman Brothers went bankrupt and was liquidated, Bear Stearns and Merrill Lynch were sold at fire-sale prices, and Goldman Sachs and Morgan Stanley became commercial banks, subjecting themselves to more stringent regulation.
Does the answer correctly answer the question

Options are:
(A). yes;
(B). no;
(A).