Your friend Analise was just hired by one of the top financial institutions in New York. The institution suffered a great loss as a result of the 2008 financial crisis.You mentioned to Analise that you began studying Corporate Finance, and she contacts you for assistance in her most recent job task. As a result of your recent studies, you are more knowledgeable than Analise about the financial crisis of 2008. Use your knowledge to assist her.
Analise is tasked with explaining, in a company memo, what led to the financial crisis of 2008.Which areas were impacted? What prevention methods can the institution implement to ensure they are not impacted by another crisis?
In your initial post address the following:
Identify the variables that led to the financial crisis of 2008.
Describe the impacted areas of the crisis?
Outline at least two preventative methods to ensure the company is not impacted by a similar crisis.