TY - JOUR AB - This case invites students to evaluate, based on given materials, the causes, consequences, and potential resolutions of the financial crisis of 2007–2009. The premise of a business professor preparing a slide presentation dramatizes an analysis of the financial crisis. Reviewing his data, much of it in graph form, the professor ponders the central role of banks and the impact of risk management, leverage, and incentives. His main thesis is that the fundamental issue surrounding this crisis was the misjudgment of the risks taken, with the result that risk management failed to do its job of curtailing and managing risk as expected. VL - IS - SN - 2474-7890 DO - 10.1108/case.darden.2016.000299 UR - https://doi.org/10.1108/case.darden.2016.000299 AU - Allayannis George (Yiorgos) PY - 2017 Y1 - 2017/01/01 TI - The Financial Crisis of 2007–2009: The Road to Systemic Risk T2 - Darden Business Publishing Cases PB - University of Virginia Darden School Foundation SP - 1 EP - 16 Y2 - 2024/04/25 ER -