Purpose: To learn more about the banking crisis that began in 2008 and the process of recovery.
Exercise: Do an Internet search to find a current article from a credible source (The NY Times, MSN Money, Entrepreneur, The Wall Street Journal, Business week, Fortune, etc.) on the global financial crisis. Answer the questions below in relation to your article. Include the link to your article in your response.
What has happened to banking in the US?
What role has the Fed played in trying to end the crisis?
Discuss how the crisis has affected you personally.