Case Discussion-- International Business

Please read Globalization Crossroads: Is Securitization the Enemy? on pg. 56-57 of the ebook. This Globalization Crossroads section discusses the role securitization played in the Financial Crisis of 2008.  This crisis spread among developed countries like a contagion, and the globalization of financial markets which sold mortgage-backed securities was partially to blame. 

Instructions:
Please provide at least 1 (one) well- written and well-reasoned answer to the following discussion question

 UPLOADED READING

Question:

Why was mortgage securitization seen as the culprit in the recent financial crisis? What role did regulation play in the crisis?

 Submission Instructions:
All responses in this discussion forum must be professional, well-reasoned, well-written, and free from profanity.  This discussion assignment should reflect the fact that this is a written product for a graduate professional program.  All responses should be professional, and if you disagree with a submission, keep it professional.  Make any criticisms constructive.  If ideas are not your own, please reference them with the appropriate internet link or written resource link.  Although I do not wish to restrict discussion, I reserve the right to fail and delete any discussion contribution that does not show proper respect for any international culture and ethnicity and/or is obscene in nature.