Bank CEO incentives were a major factor in the credit crisis. Are you agree? Watch

=Chloe=
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Critically discuss.
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Milostar
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(Original post by =Chloe=)
Critically discuss.
This could be an interesting discussion. How about you start with your views to kick things off?
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MatureStudent36
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One of many factors.


Other equally important factors were Clintons move to make high credit risk, low income individuals homeowners, in many cases forcing banks to give mortgages to these people.

De regulation of the banking system.

A greater degree of interconectiveness in the world through globalisation.

The normal boom bust cycle didn't happen. We had boom boom followed by bust bust.

There's a move to blame individuals. However major **** ups tend to be a perfect storm of several factors acting independently but interacting at the same time.
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