Discussions Post: Principles of Finance
Part I
Watch the video "The 2008 Financial Crisis, in Crash Course Economics"
Describe how the credit crisis may have adversely affected many people beyond homeowners and mortgage companies. Do you believe the impact of the credit crisis is still being felt today? Why or why not? Are we headed in the direction of another credit crisis? What indicators hint at what could happen in the future?
Part II
Watch the following video:
o Inside The Collapse (Part One).
o Inside The Collapse (Part Two).
After watching the videos, discuss how this financial crash impacted you, your family, a career from which you may have been laid off, or someone you know who was affected.
Part III
View the following videos:
o "Money, Power and Wall Street: Part 1, in Frontline".
o Money, Power and Wall Street: Part 2, in Frontline.
Then, answer the questions below in your discussion:
o What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on money markets?
o What actions did the Federal Reserve and the Treasury Department take? What were the impacts of the decisions, if any?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.