“For your essay, you need to choose a particular institution/factor that played a key role in the recent financial crisis. For example, you can write about the reasons for the crisis, the impact of the crisis on financial markets and institutions, the impact on the global economy, the response to the financial crisis (the bailout plan and the effect of it on financial markets), or the aftermath of the crisis. The idea of this project is to connect the knowledge you gain from this course to the current financial situation, to apply the concepts that you learn in this class, and to better understand the financial system in the U.S. This project should be interesting to you!!! Try to find something interesting and related to our class, which you would want to share with others about the financial crisis and describe it in your paper.
Collapse of Lehman Brothers