-Executive Summary (15 points) Our research will focus on the unethical behavior that was being practiced during the financial crisis of 2008. Due to a lack of leadership and accountability many bankers creditors and investors were able to get away with actions that were far from ethical. Creditors were approving applicants knowing there was a lack of credit history and credit accountability; this led to bankers approving individuals for loans that had outrageous interest rates earning the bank more money in the long run. We will discuss how this unethical behavior arose due to a lack of standards and rational decision makings during the Bubble phase of the financial crisis. Our paper will asset prices. And since many investors of the time were “were looking for a safer and stable place to invest their money” they fell victim of the false prices and what this resulted to was a “gold-rush” and more particularly on houses. Simply because the investors were made to believe that they would yield high real returns from investing in housing. It is with this misinformation that more money was released by the investors without the knowledge that what they were investing in was not of value as displayed by the banks and the lenders; a clear indication of the unethical behavior done by the banks and the lenders. Similarly -Conclusion (15 points) [...]
Introductions that you MUST follow to do this assignment 1. Watch the videos which is “Inside job” first and read the all documentaries. (I cited some links that you can refer to analyze with critical evaluation of the information.) 2. “Executive Summary” is telling what you have to do this assignment based on. 3. This project focuses on the lack of ethical behavior from the main players in the financial crisis that occurred in 2008. That means you have to analyze based on ethical behavior in the financial crisis. 4. But you need to do only Analysis part which is shaded in yellow color in team template file.