Download file to see previous pages...
This paper briefly analyses the cause of recent US financial problems and recommends certain solutions for that.
The major reason for the current financial crisis in America is the credit policies of the Federal Reserve. They have made the credit cheaper and loan seekers like the home buyers took advantage of the easy credit and the bid up prices of the homes increased drastically. Financial institutions were ready to pay any amounts to the loan seekers as a result of the policies of the Congress and Federal Reserve. Congress continued its support for mortgage tax deduction which encouraged the home buyers to purchase expensive houses beyond their financial capabilities. Real estate agents took advantage of the favorable housing market conditions and they encouraged the home buyers to buy expensive houses in order to get more commissions.
Wall Street firms paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS) and the Bush administration failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market (Wall Streets Role in the U.S. Mortgage Crisis Examined, 2008). In short, lack of control over the financial institutions was a major cause of the recent financial crisis. Everybody tried to catch the fish in the muddy water and nobody thought that the American economic bubble may burst in the near future.
In short, lack of governmental control and the visionless policies caused the current financial crisis in America. Globalization and liberalization policies also contributed heavily to the current crisis. The huge expenditure made for war on terror and that for the recent gulf war put immense financial burden upon the common public.
Tight control over the financial sector is the most important strategy the US government should take to avoid future financial
...Download file to see next pagesRead More
Cite this document
(“Strategies Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1567782-strategies
(Strategies Essay Example | Topics and Well Written Essays - 750 Words)
“Strategies Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/miscellaneous/1567782-strategies.
According to the theory, it is assumed that capital allocation is quite significant for the development of economies. Capital allocation is defined as the strategic alliance to augment the means of production in a country which can further be identified as the physical infrastructural inputs, such as factories, warehouses, transports and other elements excluding human and financial variables (Kaldor, 1962).
This work states that different strategy making configurations offer the possibility that in different organizations different people can play different roles in strategy development. Certain configuration of strategy and structure can confer superior performance in certain field, and organizations which fail to move towards these configurations tend to ultimately perish.
The results of the interviews that were conducted with the engineering contractors and their client Network Rail are analyzed here. It is done to provide a better understanding of the awareness level that the organizations have on the competitive advantage provided by implementing environmental strategies.
These strategies will also enhance the image as well as the reputation of the company to different stakeholders. It is recommended that a clear corporate communication plan should be drawn by a company that is concerned
There are different forms of terrorist strategies. There is provocative strategy that takes an upper hand due to its diverse use by many terrorists. It is a strategy whereby terrorists target not only their enemies but also their
Nevertheless, since higher education is different from lower education, these approaches have been designed in such a way that the needs of adult learners are taken care of.
Among these approaches is FLEX net course. The course allows students to attend classes online.
For instance, the use of the term old or elderly may refer to the person as weak and frail. The sales people should opt for terms such as senior citizens or seniors. The use of print advertisement should be
The uses of communication and information strategies are also identified in the respect of tackling organizational performance, human resource goals and field implementation. The paper further analyzes the stakeholders’ knowledge of communication strategies, and the available channels that they can access.