Question

Your assignment is to summarize the film in your own words. Some questions that you might...

Your assignment is to summarize the film in your own words.

Some questions that you might consider addressing in your short paper include, but are not limited to:

What factors caused the real estate bubble? What was the role of the bubble in the economic crisis?
To what extent is the crisis attributable to deregulation?
Do you think that compensation is/was a factor in the crisis?
What about the professors interviewed in Inside Job? Consider specifically the dean of the Columbia Business School (Glenn Hubbard) and the Columbia Economics professor (Frederick Mishkin) and the interviews regarding their compensation for writing “research” articles. Should business schools encourage externally funded research?
What is the relationship between ethical behavior and legal behavior? Goldman Sachs appears to take the position publicly that there was nothing wrong with taking short positions against the securities it sold to clients, partly because those positions were not substantial and partly because their clients should be presumed to be sophisticated in financial matters. Do you agree with this view?
Are our economic problems limited to the financial industry? That is, if we “fixed” the financial system, would we be out of the woods?
To what extent are our economic problems attributable to our political system?
Are you optimistic or pessimistic about our economy over the next 12 months? 2 years? Longer?
What do you think are the most important steps to take to address our economic problems?
Etc.

Homework Answers

Answer #1

The following factors that caused housing bubble burst are mortgage underwriters, investment banks, rating agencies, investors ,low mortgage interest rates, low short-term interest rates, relaxed standards for mortgage loans, and irrational exuberance.

  • The main factor that contributed to the housing bubble burst was increase in mortgage loans that were offered to borrowers with poor credit ratings.
  • The high volume of home equity loans that were given to homeowners when the value of their property increased. Once the housing prices dropped, these homeowners were left owing more in equity debt than their property was worth.

So, the role of bubble in the economic crisis is that the interest rates began to increase and unemployment rates also started to rise, many homeowners were unable to pay their mortgages. So,banks were less motvated to hold large amounts of property-based debt.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Your assignment is to summarize the film Inside Job in your own words. Some questions that...
Your assignment is to summarize the film Inside Job in your own words. Some questions that you might consider addressing in your short paper include, but are not limited to: What factors caused the real estate bubble? What was the role of the bubble in the economic crisis? To what extent is the crisis attributable to deregulation? Do you think that compensation is/was a factor in the crisis? What about the professors interviewed in Inside Job? Consider specifically the dean...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Team 5 answer the questions What are 4 key things you learned about the topic from...
Team 5 answer the questions What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Incentive Systems             In this paper, we will focus primarily on financial rewards that companies use to attract, retain and motivate the brightest and most talented candidates in the labor market. By providing a reward system that...
read Seasons of Love chapter:measuring a child's life after suicide. please answer the questions : reflect...
read Seasons of Love chapter:measuring a child's life after suicide. please answer the questions : reflect on what happens to the families when there is a suicide in the family, based on the Seasons of Love chapter...how should people be told? What details are best left unshared? below is the story These theories may have a certain face-validity, but they often neglect environmental or contextual factors that are innate to answering the question of “why” a person might engage in...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described itself as "a quarterly survey of business leaders from across the globe … surveying 11,500 businesses in 40 economies across the globe on an annual basis." 1 According to the 2011 IBR, the Asia Pacific region had a higher percentage (27 percent) of female chief executive officers (CEOs) than Europe and North America. Japan is the only Asia Pacific region exception. The report further...
In narrative essay format, I want you to address a business/organization case study using multiple concepts...
In narrative essay format, I want you to address a business/organization case study using multiple concepts from class. The case question and case text begin on page 5 of this document. You need to demonstrate their best understanding of management and organizational behavior theory, and the application of those ideas to improve the understanding of various issues. You need to clearly identify at least 3 distinct, substantive issues. For each issue you need to 1), identify evidence from the case...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
2. SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to...
2. SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to be used as a basis for class discussion rather than as an illustration of the effective or ineffective handling of an administrative situation. The name of the company is disguised. INTRODUCTION In light of demographic concerns, in 2012, the Japanese government initiated an effort to change the work environment in order to secure the workforce of the future. Japan is world renowned for its...
3 SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to...
3 SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to be used as a basis for class discussion rather than as an illustration of the effective or ineffective handling of an administrative situation. The name of the company is disguised. INTRODUCTION In light of demographic concerns, in 2012, the Japanese government initiated an effort to change the work environment in order to secure the workforce of the future. Japan is world renowned for its...