Risk Management (In-depth Analysis) – APA with references:
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This assignment will require you to perform additional research, from other sources, to find additional information on risk management in financial institutions.
1. Explain how the 2007-2009 financial crisis was fueled by greed and lapses in ethical behavior.
2. Discuss how financial institutions exhibited a total disregard for basic risk management fundamentals.
3. Discuss how certain accounting practices, such as the reserve for loan losses and mark to market accounting helped to create the 2007-2009 financial crisis.
4. Discuss what role the credit rating agencies played in the sub-prime borrowing crisis and what actions they could have taken to prevent the sub-prime borrowing crisis.
