1. Main players and their contribution to the crisis. There are interactions of the below players, please briefly describe how the players together contribute to the crisis.
d. Rating agencies
2. What are some key lessons learned so far for banks?
3. How should risk management change going forward?
4. What was “risk management” at Morgan’s Private Bank?
5. Putting yourself in Mary Erdoes’ shoes, what would have concerned you about risk management at the Private Bank? What would you have done about your concerns?
6. Is Morgan’s Private Bank’s risk management model sustainable/applicable elsewhere?
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