Assignment:
Greenspan: I made a mistake in presuming that the self-interest of organisations specifically banks and others were such that they were best capable of protecting their own shareholders. I have been dealing with the American economy for sixty years. That premise always worked and I was shocked into disbelief that what unfolded was a complete breakdown of that premise.
(Transcribed from BBC 'The Love of Money' Sept 2009)
Did light touch regulation leading up to the GFC materially contribute to the crisis? Discuss.
Note: These are open ended questions so you need to find evidence to make your case and to make the points you wish to make.
By following this guideline you will be successful in this task.
Demonstrate thorough understanding of the scope and scale of the problem(s) within the given context (the company, corporation, etc.) is able to relate this particular example to problematic issues in the context of the discipline
Cover all aspects of the analysis, try to drill down and give depth; use all elements of the underpinning theoretical framework relevant to the discipline.
Thoroughly explore the range of available methodologies (in the discipline and/or other related disciplines); justify the selection and application is systematic and detailed.
Provide solutions and/or recommendations, and prioritise choices; links to foregoing research and analysis will be coherent and integrate well into the text.