The US sub-prime mortgage crisis sent most of the globe into a long and enduring recession whose effects are still felt in many countries. Please select one of the following stakeholders and answer the following questions, based on the video and also on additional research that you have done.
- Was this stakeholder acting in an ethical and/or moral way?
- Did this stakeholder have some responsibility to bear for the ensuing market meltdown?
- Is the stakeholder’s self-interest justifiable?
- What could this stakeholder have done to have averted the crisis?
- Who should be responsible for controlling this marketplace, if anyone?
The assignment should be 500 words
Please select one of the following stakeholders and answer the above 5 questions
- Qualified homeowners looking for a mortgage
- Risky homeowners looking for a mortgage
- Mortgage brokers
- Investment banks
- Investors looking for higher yields
- Participants in investment funds, such as retirement funds
- The banking industry
- The government
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