https://drive.google.com/file/d/18rfJezxq___dPOeduunbmn284jTAW6XY/view?usp=drivesdk Download the attached document entitled Predators in Paradise? The inside story of how lenders at Citibank allegedly played loan shark, charging the island nations
https://drive.google.com/file/d/18rfJezxq___dPOeduunbmn284jTAW6XY/view?usp=drivesdk
Download the attached document entitled "Predators in Paradise? The inside story of how lenders at Citibank allegedly played loan shark, charging the island nations of the Caribbean excess fees and interest payments" located on the course space.
Read the article and answer the following questions:
1. What ethical issues if any are evident in this case?
2. Do the events described in this article accurately define predatory lending?
3. Is this a case of financial innovation on the part of Citibank?
4. Were the parties involved acting in the best interest of their shareholders?
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