answered: Need to do a memorandum on what caused the global financial
Need to do a memorandum on what caused the global financial crisis of 2008. We watched the movie The Inside Job. Use 3 reasons as to what caused it. From the movie I think, the housing bubble, banks leverages, and the deregulation of derivatives are the 3 best causes. CDOs are important and they fall into the leverage section. I will attach a sample format for the memo and the requirements. Needs 8 sources, 1 is the movie. You can find the movie on youtube and about an hr in it starts to explain when everything started to crash, that is if you want to watch it.
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