The Big Short Book report

In a 3-5 page double-spaced paper, reflect on at least five of the following questions in providing the framework for the paper. Be sure to answer question one
and then choose four others to frame your answers.
Choose one of the individuals detailed in the Big Short. Which person did you choose and why? Were there actions unethical or simply part of the culture of
Wall Street at the turn of the 21-st century? In your understanding, what is the root cause of the Great Recession?
Do you think there was any way that the 2008 stock market crash could have been avoided in the leadup to the events of 2007-08? Why or why not?
Did the federal government adequately respond to the crisis? What might have been done differently?
We have talked a lot this semester about the ethics of business and or business practices in various parts of American history. Is it immoral to make money
from other people’s suffering? That might seem like a simplistic question, but many of the individuals and themes we discussed in class did exactly that from
plantation owners in slavery to the early American tycoons. How did they justify their behavior? Is it the same rationale that drives individuals during the 2008
crisis? Why or why not?
The three main characters in the book are presented at various points as heroes even though they profit just as much as the subprime lenders. All things
considered, are they really heroes? Why or why not? How do the main characters’ life experiences influence their views of the subprime crisis?

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