Where were the regulators?
History 50.C2 1. Textbook(s) Blinder, Alan S., After the Music Stopped: The Financial Crisis, The Response, and The Work Ahead, The Penguin Press. (New York: 2013). ISBN: 978-0143124481. (This book is available in a Kindle Edition.) Readings: After the Music Stopped : p. 39-68 (focus most especially on 47-68). This week we review how the failure of financial regulatory agencies and excessive, high-risk leverage, in the form of derivatives, set the stage for financial crisis. In this forum we will discuss some specifics related to the failure of regulators and leverage. MINIMUM REQUIREMENTS: The comments should be well organized and accurately depict concepts and events discussed in the textbook. 150-350 words minimum work Where were the regulators? In response to this question: 1) identify a bank regulator 2) explain one reason given the text concerning why bank regulators fa...