Questions forInside the Meltdown

1.Name the President, Secretary of Treasury and Chair of the Board of Governors of the Federal Reserve Bank during the financial crisis of 2008.

2.Definemoral hazardand give an example of how this concept guided policymakers during the 2008 financial crisis.

3.Definesystemic riskand give an example of how this concept guided policymakers during the 2008 financial crisis.