Question
1- A brief overview and historical timeline with the key players contributing to the 2008 crisis. Provide bullet points with key factors / dates. 2-Key
1- A brief overview and historical timeline with the key players contributing to the 2008 crisis. Provide bullet points with key factors / dates.
2-Key learnings - Perform research and reflect upon what happened to include some ideas or recommendations on what could have been done to reduce the severity and global impact of the 2008 crisis. Consider some key risks and related impact. Consider who was responsible, or who should have been more responsible (i.e. financial institutions, government, central banks, households, businesses).
3-Looking forward - What should we be thinking about to be better prepared for the next financial crisis? Consider what kinds of actions, education, awareness, accountability, transparency, oversight or regulations should be implemented now. Consider how the following groups (i.e. financial institutions, government, central banks, households, businesses) could better take responsibility in reducing their own risks and/or the overall financial market risks. Finally, when do you think we will we have another financial crisis (i.e. approximate date), and what might cause the crisis?
4-Resources
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