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I’m stuck on a Business question and need an explanation.
To complete this assignment you will need to watch the movie Too Big to Fail (Links to an external site.)Links to an external site.then download. You may need to sign up for free Amazon Prime membership. Answer the questions as completely as short sentence structure and grammar.
After watching the movie “Too Big To Fail” describe the 2008 financial crisis in your own words.
Describe the relationship between the governmental agencies (SEC and Federal Reserve) and the banks (Bank of America, JP Morgan, Merrill Lynch, Wachovia etc. How did they view their responsibilities? Explain how that separation comes about and why it leads to problems (also known as agency problems or conflicts).
What ethical dilemmas were present that led to the financial crisis and what should be done to insure that they are not repeated.
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