The crisis that the world faces is just an effect of uncontrollable and deregulation of some financial activities. This has been a result of continuous defiance of different companies and individuals with the purpose of imposing the regulations in the different financial activities.
After watching the movie “Inside Job” I realized that this movie gave me a more knowledge and understanding on the financial crisis. At first I always thought that if your company has AAA rating it is safe to invest and, but it is not true. As shown in the movie, AAA rating can be attained by consolidating the high risk companies and stable firms. They’re just pretending and making us believe that those companies were truly an AAA rating and in fact they’re not.