Introduction: Government is often slow to recognize a problem, but after a crisis has presented itself, it often enacts new laws, rules, and regulations to insure that the same type of crisis never happens again. You will look at the financial crisis of $2008,$ and report on what the government did to insure that another market recession like this one will never happen again.

Previously you explored past financial crises and the impact government intervention played in each. Now you will do some research and respond to the checklist items.

Checklist:

Explain what changes the government made due to the savings and loan crisis in the $1980\text{'}$s$,$ and the financial crises precipitated by the burst of the housing bubble of $2008.$

Explain how the crises affected you and$/$or others living in the U$.$S$.$

Discuss the various laws that were enacted since the crises and explain the effect of these laws.

You may use a few short citations. Be sure to cite those sources using current APA citation style and including them in the separate APA formatted references page.