1. Why did Ralph Nadar predict in 1996 that financial deregulation would create banks who were "too big to fail"? Ralph Nader predict in the 1996 that financial deregulation would create banks to bring out their lobbyist from both side of the bank and securities industries trying to get a stable financial community to be prepared by getting a pre-packed deregulate legislation. They trying to figure out to gain opportunities to get a new deal for the bank reformation by taking out the consumer protection and regulation by bring out the lobbyist engineered passages to bring out a controversial bill to make it difficulties for the companies to sue the bank that allowed misleading claim. However, the congress, passed the law sweeping financial
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How was Enron's rise and fall an example of the "disinformation economy"? Enron’s rise and fall is an example if the “disinformation economy” because there is systematic effort hidden, distort and lie the way to gain power and wealth. For Enron success he needed a market that have energy to deregulated, volatile and trade actively to perform a stable deregulate by creating an opportunity to gain a huge profit by taking advantage of small prices in the marketplaces. He was described financial euphoria as bubbles forming in his own bubbles world toward regulate of account, pension plan, accounting rules and difficulties aspect are necessary to use or step to forward the task of unmaking the disinformation economy. For example, Enron stock market become success base on a systemic exaggerate of its strength of financial. Its bring in a huge growth but it’s can also rise and fall which lead him to link by creating a subsidiaries balances sheet to help regulated the credit rate and lower down the cost of borrowing in the further expansion. He knew that its would be danger but still have hope to double his money to make profit in the future. Both deregulate and globalization over period can help the market grow and mislead turn in to failures can have effect on capitalist term which allowed to have accurate information to be available to help guide investors, consumer and citizens. By having mislead information will raises the level and cost into a free market
How was Enron's rise and fall an example of the "disinformation economy"? Enron’s rise and fall is an example if the “disinformation economy” because there is systematic effort hidden, distort and lie the way to gain power and wealth. For Enron success he needed a market that have energy to deregulated, volatile and trade actively to perform a stable deregulate by creating an opportunity to gain a huge profit by taking advantage of small prices in the marketplaces. He was described financial euphoria as bubbles forming in his own bubbles world toward regulate of account, pension plan, accounting rules and difficulties aspect are necessary to use or step to forward the task of unmaking the disinformation economy. For example, Enron stock market become success base on a systemic exaggerate of its strength of financial. Its bring in a huge growth but it’s can also rise and fall which lead him to link by creating a subsidiaries balances sheet to help regulated the credit rate and lower down the cost of borrowing in the further expansion. He knew that its would be danger but still have hope to double his money to make profit in the future. Both deregulate and globalization over period can help the market grow and mislead turn in to failures can have effect on capitalist term which allowed to have accurate information to be available to help guide investors, consumer and citizens. By having mislead information will raises the level and cost into a free market