10_12_15_Financial_Crisis_of_2008.docx

10_12_15_Financial_Crisis_of_2008.docx - PHIL 103-06...

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PHIL 103-06 October 12, 2015 Financial Crisis of 2008 o Our Questions What caused the crisis? What moral problems, if any, occurred in the scenarios? We’ll ask… From a consequentialist perspective From a Kantian perspective o Lying? o Deception? o Coercion? o Exploitation? o Some other violation of antinomy? o Mortgage Crisis * each -> equals the passing of a debt agreement Borrower/homeowner -> mortgage lender -> Small, regional or local banks -> Large scale investment banks (Wall Street) -> Global pool of money Small, regional or local banks (Mike Garner, Glen P.)
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  • Spring '14
  • J.C.Mickelsen
  • Kant, Subprime mortgage crisis, local banks, scale investment banks

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