A financial crisis has emerged threatening the global economy and some large companies are beginning to fail, some difficult political decisions will have to be made. Using what you have learned about the financial crisis of 2008, and the lessons from the responses to that episode, construct a policy response to combat the emergence of systemic risk. In your policy response, explain what lessons were learned from 2008, both economically and politically, regarding what policies worked and what policies did not work. Based on those lessons, ascribe a policy that you think will work, and describe how you think it avoids the failings of the past. Remember that there was strong political backlash to certain decisions, even when the right policy was enacted, so it would be beneficial for the President to know what political backlash they might expect from the policy you are suggesting
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