You will watch the movie "Too Big to Fail" (2011), based on the decisions made during the recent financial crisis. Answer the following questions.
1. Your overall impression of the movie. Your favorite scene.
2. What does the title "Too Big to Fail" refer about? Do some Google search.
3. What problems/issues related to the decision making concepts learned in this course you can identify in this movie and why.
4. What good aspects -if any- you observe in the decision making process (e.g. those minimizing well-known biases)?
5. What aspects you find -if any- deserving criticism in the decision making process exhibited by the characters in the movie.
6. Is the decision-making process in the government easier than in the civil arena? Discuss your opinion.
7. Any caveat you would like to add based on this movie?
Your group initial posting is due the first Sunday after session 6. As customary, reply individually to ALL the initial postings but single out as REPLY#1 your best reply that you want graded. Complete your individual replies according to the syllabus deadline.
Important - If you are in the in-class section come ready for class discussion.