Corporate accountability and responsibility from "summary" of Too Big to Fail by Andrew Ross Sorkin
The notion of holding corporations accountable and responsible for their actions is a critical theme in "Too Big to Fail." Throughout the book, Sorkin highlights the consequences of corporate negligence and the impact it can have on the economy and society as a whole. One example of this is the behavior of major financial institutions leading up to the 2008 financial crisis. Many of these institutions engaged in risky and irresponsible practices, such as issuing subprime mortgages to unqualified borrowers and packaging these loans into complex financial products. When these risky investments went sour, the repercussions were felt not only by the banks themselves but by t...
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