1. Discuss the additional risk factors (as compared to developed countries) in creating financial crises.
2. Discuss the causes of the savings and loan meltdown in the 1980s. Why did it not bring down the banking system?
3. Discuss the four common elements in modern U.S. banking crises.
4. Discuss the shadow financial system. Why does it present a threat to the stability of the economic system?
5. Discuss the ERA of Deregulation and how it has shaped banking since 1980.