Report into collapse of HBOS in 2008 due to published and expected to heavily criticise senior executives in bank

Report into collapse of HBOS in 2008 due to published and expected to heavily criticise senior executives in bank

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the 2008 financial crisis, focusing on the collapse of H Boss and the subsequent inquiry into its failure. It highlights the roles of executives, auditors, and regulators, and the lack of accountability due to the time elapsed since the bailout. The inquiry aims to hold those responsible accountable, but its ultimate value is questioned given the reforms already in place. The video concludes with the impact on former shareholders and employees.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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