Week 3 DQ1.docx - Week 3 Discussion 1 How could government regulations have prevented or mitigated the credit crisis of 2008 Am convinced that the issue

Week 3 DQ1.docx - Week 3 Discussion 1 How could government...

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Week 3 - Discussion 1 How could government regulations have prevented or mitigated the credit crisis of 2008? Am convinced that the issue could have been precisely identified and mitigated before becoming a crisis if the government regulations were in place. Several aspects are necessary to be put into consideration in order to able able to reduce risks of crisis and be able to be addressed effectively when they occur. First a better was for the assessment of the systematic risks need as well as prevention crisis buildup needs to be put in p-lace in good time. Secondly, there is need for the improvement of transparency and disclosure of the various risks that different market participants take. Thirdly, while safeguarding constructive diversity it is equally necessary to make expansion of the cross-border and cross-sectional scope of regulations. Lastly, several mechanisms for more effective as well as coordinated actions need also to be put in place. The leveraged financial institutions would have been limited or prevented from taking an excessive
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  • Fall '17
  • asad khan

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