Exploration 8

     The movie Inside Job was very interesting and eye-opening for me. I was completely taken aback by the amount of money that was lost at the time because of just a few companies and the major long term effects on the US economy. The crazy thing is that when people were investing into big businesses like that and thought that their investments would be safe because of a high security rating; like AAA,  but in actuality those huge companies pretty much rated themselves. Then when they went to trial for what they had done they said that their "ratings were merely opinions and investors should have done their own research". The leaders and CEOs of the investment banks were pretty much exploiting the position they were in for their own personal gains and for lining their pockets. They were promoting risky investment for the benefit of themselves, without thinking about what it could and did do to this country. Wall Street is incredibly large and with that large of an industry or business, the top executives are expected to make a large salary, but when they make millions of dollars a year it is nothing but greed that makes them even think about making more money. I found a site where the author simplified the whole issue and the main cause of the economic crisis, greed. http://www.moolanomy.com/866/what-caused-the-financial-crisis-of-2008/