12â2.Traditionally, lending decisions at financial institutions were made by people relatively high up in the organization. For instance, a senior loan officer might have to approve even a small loan. Recently, some financial institutions have decentralized this decision, some- times to people without college degrees. Discuss why it might have historically made sense to centralize the lending decision. Discuss potential factors that might have motivated the decentralization of these rights in certain organizations.
Interpretations of the Reichstag Fire
i) Van der Lubbe was a madman, and he set fire to the Reichstag all by himself, but the Nazis genuinely believed the fire was the start of a Communist uprising. ii) The Reichstag Fire was started by the Nazis to give them an excuse to take emergency powers and lock up or kill the […]
