In What Ways Can Organized Labor Constrain the Strategic...

1. Complete all of the details below and sign. 2. Hand to your lecturer OR place in the Assignment Cabinet in ACBT Reception. 3. This Cover Sheet does NOT need to be date stamped if you are placing in the Assignment Cabinet. STUDENT NUMBER: | NAME OF STUDENT: (PRINT CLEARLY)FAMILY NAME OTHER NAME(S) | COURSE: | NAME OF LECTURER:Mr SanjikaPerera | RECEIVED BY: | TITLE/TOPIC OF ASSIGNMENT:Group assignment – global financial crisis | â€Å"I certify that the attached assignment is my own work and that any material drawn from other sources has been fully acknowledged†. 22/05/2012Signed †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦show more content†¦The Financial Crisis of mid 2008 has been called â€Å"the most serious financial crisis by the economists since the Great depression. After that this report explores how global financial crisis affected different countries and their businesses across the world by taking real world examples. Moreover it talks about positive things and negative things that they had to face because of the crisis. The amount of the problem has been so severe that around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems. Some governments have moved to make it harder to manipulate the markets, while other governments have moved to try and reassure investors and savers that their money is safe. In a number of European countries, for example, governments have stepped in to guarantee depositors’ savings. In other cases, banks have been nationalized. Various causes have been cited with varying combinations of factors including risk weights assigned. 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