1. (20 points; Required) Do you think deregulation had led to a better or worse U.S. financial system? Please use at least three empirical examples to support your argument. 2. (15 points) Wikipedia has a page listing the trading losses of the equivalent of US $100 million or higher (https://en.wikipedia.org/wiki/List_of_trading_losses). It looks like rogue trades still happened very often in the industry since Nick Leeson collapsed Barings Bank in 1995. Please discuss why this is the case and what types of industry and company characters have led to rogue trading behaviors. Please use specific examples and evidence to support your points. 1. (20 points; Required) Do you think deregulation had led to a better or worse U.S. financial system? Please use at least three empirical examples to support your argument. 2. (15 points) Wikipedia has a page listing the trading losses of the equivalent of US $100 million or higher (https://en.wikipedia.org/wiki/List_of_trading_losses). It looks like rogue trades still happened very often in the industry since Nick Leeson collapsed Barings Bank in 1995. Please discuss why this is the case and what types of industry and company characters have led to rogue trading behaviors. Please use specific examples and evidence to support your points