Jamie Dimon Says Financial Crisis Made Banks Safer

Jamie Dimon Says Financial Crisis Made Banks Safer

Assessment

Interactive Video

Business

University

Hard

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The video discusses the 2008 financial crisis, highlighting the US government's actions to stabilize the system. It covers JP Morgan's role in lending to states and local entities, acquiring Bear Stearns and Washington Mutual, and recognizing employee efforts. The video also explains reforms in banking safety, focusing on capital, liquidity, and resolution planning to prevent future crises.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What framework was created for unwinding a large bank after the crisis?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome regarding Lehman Brothers after the reforms?

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