Global economic crisis

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The "Inside Job" argues that deregulation laid the stage for the global economic crisis that began around 2008. While not an exhaustive list, the film identifies the following as among the factors significantly contributing to the crisis. The failure of the rating agencies to accurately evaluate investment vehicles such as collateral debt swaps. Corporate boards structuring overly generous executive compensation and severance packages. A focus on short term gain -- both personal and corporate -- at the expense of long term consequences. In your view -- what types of regulations, if any, should be considered for adoption toward the goal of minimizing the likelihood of a reocurrrence of this magnitude? Explain.

Reference no: EM134042426

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