- Discuss why credit risk management within the financial sector is so essential.
- Why do you think so many banks failed to properly manage risk prior to the financial collapse?
- What are the consequences of failing to manage credit risk and whom do they affect?
- What measures can banks employ to mitigate credit risks?
- 1.Accurately discusses why credit risk management in the financial sector is so essential through the use of specific
- 2. A valid argument on why so many banks failed to properly manage risk prior to the 2007 financial collapse that uses specific examples is given.
- 3.At least two valid consequences of failures of credit risk management that include specific examples are given AND who is affected by each failure is thoroughly discussed.
