• Watch: Ferguson, C. H., Marrs, A., Beck, C., Bolt, A., Damon, M., Volcker, P. A., Soros, G., ... Economic Crisis Film, LLC. (2011). Inside Job (1:48:38) (You are required to watch the full-length movie (not just the trailer)
• Watch Heather McGhee's Ted talk: Racism has a cost for everyone (14:21)
  • How did the repeal of the Glass Steagall Act allow the shadow banking sector to cause the 2008 banking crisis? Should there be regulation in the financial markets?
  • According to Heather McGhee' how did systemic racism contribute to the failure of the Federal government to regulate the financial market and contribute to the financial crisis?

When responding to this question consider the following:

• Should commercial banks be separated from investment banks?
• Do you think the problems identified in the financial markets have been corrected?
• Do you think there could be another financial breakdown?
• Was the bail out fair? Should homeowners have been saved and refinanced?