As the CEO or top executive of Citigroup, how would you have handled the situation differently (subprime loan mortgage)? Explain your answer.© BrainMass Inc. brainmass.com June 4, 2020, 12:54 am ad1c9bdddf
This is how I would have handled the situation differently if I were a CEO or top executive of Citigroup. First of all, as a person in management, I would have immediately not allowed anyone to take part in this endeavor to take advantage of others who are at high risk with their credit score. I would have found no need to "pack" anything by giving anyone insurance on their loan because that actually is a way of getting more money out of people who may not even have it.
Everyone struggles to make a living, and by adding any other method to get more revenue is unethical. One has to consider others needs before themselves when it comes to business and marketing practices. ...
This solution provided an opinion on how one would handle the situation differently in regards to subprime loan mortgage with Citigroup. The solution is 441 words in length.