Learning Objectives

Upon completion of this chapter, the reader should be able to do the following:
10.1 Identify primary and secondary stakeholders in the global financial system.
10.2 Describe the financial roles of Main Street versus Wall Street as well as the changes brought by
fintech.
10.3 Articulate the events and factors leading to the global financial crisis.
10.4 Compare and contrast ethical dilemmas surrounding use of payday loans.
10.5 Explain the main provisions of various legislative acts like the Dodd–Frank Act (DFA).