The document provides guidance for a module on bank regulation activity. Students are instructed to watch the movie "The Big Short" from 2015 about the 2008 financial crisis. They are then given 6 questions to guide their understanding of the movie, including what led to the crisis, complex financial instruments created by banks, factors in the housing and credit bubble, the role of the Federal Reserve, lessons learned, and regulatory changes after the crisis.
The document provides guidance for a module on bank regulation activity. Students are instructed to watch the movie "The Big Short" from 2015 about the 2008 financial crisis. They are then given 6 questions to guide their understanding of the movie, including what led to the crisis, complex financial instruments created by banks, factors in the housing and credit bubble, the role of the Federal Reserve, lessons learned, and regulatory changes after the crisis.
The document provides guidance for a module on bank regulation activity. Students are instructed to watch the movie "The Big Short" from 2015 about the 2008 financial crisis. They are then given 6 questions to guide their understanding of the movie, including what led to the crisis, complex financial instruments created by banks, factors in the housing and credit bubble, the role of the Federal Reserve, lessons learned, and regulatory changes after the crisis.
I. Watch the Movie entitled “THE BIG SHORT” (2015)
II. Guide Questions:
1. What were the major events that led up to the financial
crisis in 2008? 2. What complex financial instruments engineered by the banks during the run-up to the sub-prime mortgage meltdown? 3. What factors contributed to the build-up and subsequent collapse of the housing and credit bubble in 2007-2008? 4. What role did the Federal Reserve play? Did it allow the crisis to flourish? 5. What were the lessons learned from the 2008 financial crisis? 6. What regulatory changes were instituted as an aftermath of the financial crisis?
Global Financial Crisis: Causes, Consequences and India's Prospects by Rakesh Mohan, Deputy Governor, Reserve Bank of India at London Business School On April 23, 2009