Was there any sensationalism or exaggeration

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Assignment:

PECORA CASE

  • Why did Hoover call for an investigation into manipulative stock practices by the Senate Banking Committee in early 1932?
  • What had been some of the most common manipulative stock practices of the time? How did they work?
  • Since most of these practices were not illegal at the time- should they have been investigated? Why or Why not?
  • If you had been asked to evaluate the Pecora hearings at the time, would you approve/disapprove of how Pecora was conducting them?
  • Were these hearings a net positive or net negative for society? Why?
  • Why did the public find these hearings so compelling? Was this a + or - ?
  • Was there any sensationalism or exaggeration? Did Pecora go too far?
  • Did the hearings represent a threat to the already weakened economy or did it expose wrongdoing? Explain.
  • Did the hearings get at the core causes of the financial crisis?
  • Is Public shaming appropriate?
  • The investigation was being conducted by the Senate Banking Committee -would an independent commission been better/worse?
  • Would you say the hearings increased or decreased citizen engagement on the issue of financial regulation?
  • Did it increase/decrease voter confidence in their elected officials?
  • What is a stock pool? Anything wrong with this?
  • What is a wash sale? Anything wrong with this?
  • What is a bear raid? Anything wrong with this?
  • Should these things be illegal?
  • Should they have been investigated since they weren't illegal at the time?
  • Looking at Senator Fletcher's Bill - what's your take on the bill?
  • Was this bill needed or was it an overreaction?
  • Why not have self-regulation thru the exchanges? What are + /- of that?
  • Did Whitey s proposal seem reasonable? Was it better/ worse than the original proposal?

Reference no: EM133394825

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