Discussion: International Business
Read Globalization Crossroads: Is Securitization the Enemy? on pg. 56-57 of the ebook. This Globalization Crossroads section discusses the role securitization played in the Financial Crisis of 2008. This crisis spread among developed countries like a contagion, and the globalization of financial markets which sold mortgage-backed securities was partially to blame.
Instructions:
Provide at least 1 (one) well- written and well-reasoned answer to the following discussion question
Question:
Why was mortgage securitization seen as the culprit in the recent financial crisis? What role did regulation play in the crisis?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.