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QUESTION 1

1. ESSAY QUESTION:

Describe the financial behavior by financial institutions that lead to the great recession of 2007. What impacts did this have on financial institutions, bank regulation and the economy?

QUESTION 2

1. ESSAY QUESTION:

Describe the primary role of the Federal Reserve, its policy goals, policy tools and how it carries out its mission.

QUESTION 3

1. ESSAY QUESTION:

Describe the three primary regulators of banks and what types of banks they are responsible to provide oversight for. Who regulates credit unions?

QUESTION 4

1. ESSAY QUESTION:

Describe the different categories of how banks are ranked by size. Think community bank.....international. Why is this important?

QUESTION 5

1. ESSAY QUESTION:

How was confidence restored in banks during the great depression and the great recession of 2007? How and why were these approaches different?

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