Financial crisis of 2007-2009/Maximizing Shareholder value

1. Describe the financial crisis of 2007- 2009. What were the primary causes of this financial crisis?

 The answers for this question need to be A well thought out and developed answer can be up to one page in length (2 or 3 paragraphs)  and include a supporting example.   

2.  Some suggest that a firm should seek to maximize the welfare of all its stakeholders, such as employees, customers and the community in which it operates. How would this objective conflict with the one of maximizing shareholder value? Do you believe such an objective is feasible? 

The answers for this question need to be A well thought out and developed answer can be up to one page in length (2 or 3 paragraphs)  and include a supporting example.