Revision #1

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Case Study: 2008--What Happened?

For this week’s case study please answer the following questions (relate your answers to the movie ‘Inside Job’). Please note, your answer to this question should be in paragraph form, it should be 5-paragraphs in length, and it should be no more than a page and a half long. Your paper should be presented as follows: (a) introduction, (b) answer to question 1, (c) answer to question 2, (d) answer to question 3, and (e) summary and conclusions. The questions are as follows:

 

1) What are the unintended consequences of financial innovation?

2) What are the unintended consequences of regulation?

3) Explain how the financial crisis of 2008 occurred—who is to blame?