soci 2500 Week 14 Assignment | Tulane University

soci 2500 Week 14 Assignment | Tulane University

Discussion Section Assignment: Investment Banks, Finance, Pensions, Public Tax D…


1.      Discuss briefly the actors who were most harmed (or helped) by the growing financial crisis of 2007–2008.

a.       Who was negatively impacted ("hurt") by the crisis? How so? Explain.

b.      Who was benefiting up UNTIL the start of the crisis (but in some cases even during and after the crisis)? Who benefited AFTER the crisis?

c.       Why, as a taxpayer and as an American citizen, should you be concerned about how these events unfolded, who was hurt, and who benefitted from the 2007–2008 economic crisis? Explain (e.g., Who should have paid for the costs of crisis?).

2.      Now, your group has recently been appointed to the Special Executive Council on Economic Crises (SECEC).

a.       Identify and discuss three (3) policy changes that your committee (group) would make to the current regulatory and economic system in an attempt to protect the US public/taxpayers from the potential negative impacts of future crises.

NOTE: You have the full power and authority of the US government to enact (create) new policy and/or regulations and/or to enforce any existing regulations.

 

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