Please read CAPITALISM CHALLENGED: THE GREAT RECESSION beginning on Page 3 of the textbook and respond to the following questions (Law, Business and Society 10th edition)

1. Journalist/lecturer Richard Doak lamenting what he believes to be unfair and excessive pay to executives: Executive greed has perverted risks, rewards. . . . The American system has been rigged to over-enrich those at the top. What do you think? Is greed the culprit? Has the system been rigged, or can we continue to count on the market to properly distribute pay? Explain.

2. Should the government limit private sector executive pay? Explain.

3. Federal Reserve Bank of Kansas City president, Thomas M. Hoenig: [Americans] realize that more must be done to address a threat that remains increasingly a part of our economy: financial institutions that are too big to fail. Do you agree that our concentrated financial sector is a threat that must be addressed? Explain.