ipl-logo

Analysis Of The Anatomy Of A Murder By Joseph Stiglitz

196 Words1 Pages
In The Anatomy of a Murder: Who Killed America’s Economy? Stiglitz interprets the main cause of the crisis was the behavior of the banks. According to Joseph Stiglitz, the "culprits" are the bankers, the investors, the politicians, and the economists. Corporate governance laws are partly to blame. Stiglitz explains that the bankers didn 't understand the risks. The rating agencies, the mortgage brokers, and the regulators were accomplices in crime, and they all have responsibility to the crisis. 1. The bankers (The rating agencies, the mortgage brokers, and the regulators were accomplices in crime.) Banks were allowed to grow to be too big to be managed. They use their political influence to get regulations and regulators that allowed them

More about Analysis Of The Anatomy Of A Murder By Joseph Stiglitz

Open Document