Reference no: EM133159767

Question 1 - Compensating for Political Failures. To what extent, it is appropriate for central banks to compensate for inaction by the legislative and executive branches? What are the normative implications for democracy in the long run?

Question 2 - Finding Good Directors? In response to a survey by the American Association of Bank Directors, nearly one quarter of the 80 banks that responded had directors resign, refuse positions, or refuse to serve on the board loan committee out of a fear of personal liability in the previous five years. Is it fair to say that these issues are more acute at smaller banking organizations?

Question 3 - What is one of the most important concepts learned from the Wahlen text? What is one of the most important assumptions learned from the various valuation models ? Finally, what is a key take away from the financial valuation project? Can one be successful at firm valuation without compromising business ethics?