Explain how does the workplace culture of investment banking on Wall Street and its emphasis on the creation of shareholder value, short term profit, and globalization lead to risk taking that sometimes results in economic crises?

Using this Source, answer these 2 questions:Liquidated: An Ethnography of Wall Street, by Karen Ho

1:How does the workplace culture of investment banking on Wall Street and its emphasis on the creation of shareholder value, short term profit, and globalization lead to risk taking that sometimes results in economic crises?

2:Explain how the book Liquidated sheds light on the banking and mortgage crisis as described in “Inside Job?” How did the Wall Street culture that Ho describes contribute to the financial meltdown in 2008–2009?


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