Watch video and answer questions

Video link: https://www.pbs.org/wgbh/frontline/film/meltdown/

Questions:

· Who was Ben Bernarke and what role did he play in the "meltdown"?  

· Who was Henry Paulson and what role play in the "meltdown"?

· Henry Paulson used the term, “moral hazard" - what does the term mean? Explain what the political issues involved were? 

· Considering the consequences involved, who actually assumed the burden for the "meltdown" and who should have been held responsible? Provide examples.

· Explain the ethical issues involved with the "meltdown".

· Provide your opinion on whether or not the bailout was a wise decision. 

· What steps could have been taken to avoid the financial crisis or "meltdown"?

· Explain the impacts of the "meltdown".

· Can this type of "meltdown" happen again?

Don’t need long paragraph for each question, only short answers will be perfect, thank you.