You just watched a video in which President Obama announces his plan for financial regulatory reform.According to President Obama, what are the reasons for the financial crisis?
The crisis resulted from excessive, poorly managed risk-taking by financial institutions, a lack of accountability and transparency, and failures by regulators and the financial system to keep pace with changing markets.
Which ideas did you include in your response? Check all that apply.
According to the president’s speech, what were some effects of the financial crisis? Check all that apply.
Did you find these answers helpful?