A. What were the principal causes of the recent financial crisis (it is known as the Great Recession)? Would you include Government policies that encouraged housing purchases for those whacould not afford them, artificially low interest rates implemented by the Federal Reserve, banks and mortgage brokers who were greedy, the failure of Governinent regulators to provide proper oversight to the banks and other financial institutions, individuals who borrowed and spent more than they should have, or some other causes?.
B. How do you describe the significant changes that have occurred in the CFO (chief financial officer) position in recent years? What changes do you think will occur in the future? Provide specific examples that are supported by at least two credible references accompanied by proper reference citations. (See the Instructor Insights section of the classroom for some reference materials.)