I’ve attached a integrate to a documentary underneath on the “Secret History of Credit Cards.” [It’s also operating on the GHC library position, so if the integrate doesn’t product, you can inquiry it there with our Kanopy inquiry engine (a librarian can acceleration you if you work into misfortune)]. This documentary is from 2004 and goes through the disadvantageous behaviors that inspired the creation of the Consumer Financial Protection Bureau. I chose this ordinance carefully as it contains notice that I prize everyure use every consumers to recognize, and as they say… “knowledge is power!”
After watching, transcribe an rate (or thought) of what you’ve seen. Here are the talking points to include:
How do these practices contact consumers, businesses (other than banks), and the management. Give twain a incomprehensive work and crave work exculpation.
This documentary was made former to the Great Recession. How do you fancy these practices contributed to it, if at every?
Pretend you are the Chair of the Fed. What, if anything, would you do in retort to the results you assessed?
Include some peculiar references from the documentary!
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