Category: Financial Crisis

Table of Contents Leadership and Decision-Making Issues Ethical Dilemmas Faced by Decision Makers Pre-Existing Issues that Exacerbated the Crisis Lessons Learned References Leadership and Decision-Making Issues The major problem in leadership and effective decision-making revealed by the financial crisis of 2008 was the lack of system in the short-term reactions of the government. The crisis…

Table of Contents Introduction Impact of Frank Dodd’s Act on financial institutions Capital and liquidity Systemic Changes Conclusion Reference List Introduction For a long time, there has not been answerability for Wall Street and activities of gigantic financial institutions brought the USA the most horrible financial meltdown since the Great Depression, with a reported loss…

Table of Contents Leadership and Decision-Making Issues Ethical Dilemmas Faced by Decision Makers Pre-Existing Issues that Exacerbated the Crisis Lessons Learned References Leadership and Decision-Making Issues The major problem in leadership and effective decision-making revealed by the financial crisis of 2008 was the lack of system in the short-term reactions of the government. The crisis…

Causes of the 2008 Financial Meltdown The documentary, “The Inside Job”, highlights some of the reasons why the 2008 financial meltdown happened. The film shows how bankers, regulators, and politicians all contributed to the crisis. One of the causes of the financial meltdown presented in the documentary is the high levels of lending that financial…

Chan, Sun. “Financial Crisis Was Avoidable, Inquiry Finds.” The New York Times, 2011, New Ed.: A1. This article explores the report by Financial Crisis Inquiry Commission, where the commission is quoted to have concluded that the credit crunch could not have been “avoided.” The article summarizes the blame game of the commission, which cast a…

Table of Contents Introduction Analysis Slow Government Inflation Inefficient Economy Conclusion References Introduction It would not be an overstatement to claim that the Great Depression era was one of the darkest pages in U.S. economic history. Causing the U.S. economy to suffer a tremendous collapse, Great Depression led to poverty rates spiraling out of control,…

Table of Contents Abstract Introduction Body of the Paper Conclusion References Abstract This paper explains the mechanics of how the so-called ‘Housing Bubble’ (believed to be the actual cause of the financial crisis of 2008-2009) came into being, and explains why, contrary to what many people believe, this crisis is best described as having been…

Table of Contents Introduction Predictors Achievements and Pending Issues The Risk of a New Crisis Conclusion References Introduction The global financial crisis of 2008-2009 was the worst economic calamity since the Great Depression. The crisis was an extremely complex event the causes of which are still disputed among economic scholars. Academic accounts of the economic…

The global financial crisis of 2008-2009 was triggered in the US as a result of the bursting of the US housing bubble. This was precipitated by the increased defaults of subprime mortgages where banks encouraged homeowners to take on high loans hoping that they would be able to pay them back quickly while not taking…

The role that I have chosen to examine is that of a mortgage lender employee– the representative of a firm that gives out loans for property purchases. In this particular case, my title is a mid-level executive at a financial corporation, and I am responsible for leading the department related to mortgage loans. This position…