A panel of Darden faculty offers context and explanations for the ongoing turmoil affecting the financial markets. During their discussion it seems obvious that the complex, cause-and-effect interplay of terrorist activity, Federal Reserve policy, relaxed regulation and creative mortgage financing in the last nine years created a climate of poor business leadership and loose ethics that fed a consuming desire for wealth. The dialog also focuses on the implications of the financial crisis of 2008, especially on how it may impact the career prospects of MBA students and graduates. This panel discussion is the first in what is expected to be an ongoing dialog within the Darden community about the role of ethics, leadership and personal responsibility as the financial crisis continues to unfold. Recorded September 24, 2008.
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