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Please begin by watching “Inside the Meltdown.”
https://www.pbs.org/wgbh/frontline/film/meltdown/
**For the questions that involve the definition of terms, I strongly advise you to resist the temptation to google the definition. I want you to tell me the definition as it is explained in the video.
According to the video, what does moral hazard mean?
According to the video, what does systemic risk mean?
Which mattered more (moral hazard or systemic risk) when Paulson had to decide whether the government would intervene with the bankruptcy of Lehman Brothers?
The government seems to freely apply the issue of moral hazard to an individual’s financial situation. Why is it no longer applied to large institutions?
What does this have to do with increasing inequality?
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