Some have argued that there was a “perfect storm” that led to the financial crisis. List the 5 main contributing factors that happened together that led to the 2008 financial crisis (maximum 2 double spaced pages). Note: the 5 factors are: 1-Dot-com bubble and the shift of funds from the technology era to real estate 2-Inflow of foreign capital from developing countries 3-Deregulation (refer to Glass-Steagall Act of 1933 and Gramm-Leach-Bliley Act of 1999 and shadow banking) 4-Financial innovation (CDOs and CDs and subprime mortgages) 5-Financial markets too big to fail.