In the passage below, from Memoirs of a German Jewish Woman, Marta Appel described an episode that took place at her daughter’s school in Germany during the 1930s. A “racial expert” from the Nazi party visited the school and gave a talk. What about this episode made the daughter and her friends at school laugh? “Most of the classes had been gathered that morning in the big hall, since an official of the new Rasseamt, the office of races, had come to give a talk about the differences of races…. He said that there are two groups of races, a high group and a low one. The high and upper race that was destined to rule the world was the Teutonic, the German race, while one of the lowest races was the Jewish race. And then he looked around and asked one of the girls to come to him…. First we did not know what he intended, and we were very afraid when he picked our Eva. He pointed at Eva and said: ‘Look here, the small head of this girl, her long forehead, her very blue eyes, and blond hair. And look at her tall and slender figure. These are the clear marks of a pure and unmixed Teutonic race.’ At this moment, all the girls burst into laughter. Even Eva could not help laughing. Then from all sides of the hall there was shouting: ‘She is Jewish!’ You should have seen the officer’s face! The principal got up quickly and with a sign to the pupils, stopped the laughing and shouting and thanked the officer for his interesting and very enlightening talk.” Your answer should be at least 200 words and should use specific examples from this primary source. Do not use outside sources; focus on Appel’s account. This extra-credit assignment is worth five extra-credit points and will be available for two days, December 1 and 2.

Identify the risk that best matches each scenario below.
	Scenario
10	First Bank decides that it must move into the digital age by signing a contract with a new startup technology company that has no experience in banking but has a new financial application with beautiful graphics.
11	Big Bank needs to reduce its mortgage lending employee costs so for employment tax purposes it classifies its mortgage lenders as a questionable status as independent contractor so that it does not have to pay employment taxes instead of classifying its employee as the more expensive employee classification.
12	During a time of high uncertainty and inflationary economic tendencies First Bank decides to invest in long-term low interest bearing investments.
13	Second Bank has fallen further behind First Bank in market share and needs to increase its volume of commercial loans. Second Bank has decided to provide favorable loan terms to borrowers with average to poor credit histories because they know that these borrowers are always looking for low cost money.
14	Big Bank determines that the elderly are much more influenced by advertising and high-pressure sales pitches so they decide to create a special team of lenders and account opening representatives to call and visit the elderly in person to make a strong handed sales pitch.
15	The new head of the Federal Financial Institutions Examination Council convinces all of the council members of that the risk of cybersecurity breaches has been blown out of proportion and significantly reduces regulation and the number of active examiners assigned to review cybersecurity measures of all of the banks in the nation at a time that a new cybersecurity software has just been implemented and adopted by substantially all of the United States banks.
16	In an effort to catch up to First Bank, Second Bank has been on a merger spree and has spent all of its cash and heavily borrowed on mergers and acquisitions to betting that the increased business will bring back the cash really fast.

Market

Credit

Liquidity

Interest

Operational

Legal & Regulatory (Compliance)

Strategic

Reputation

Systemic

Options are :