case report subprime meltdown

Here are some general requirements/instructions for the case study and roadmap questions to answer in your report. Please note that these questions merely serve as a roadmap to guide you through the case, and in-depth discussions about industry dynamics and business strategies beyond the scope of the questions require readings from other sources and are the key to getting bonus points.

Questions to cover:

What accounts for the subprime financial turmoil that burst onto the scene in the summer of 2007? Who is most to blame for this mess?

Overall, would you say that the U.S./Global financial system has functioned well or poorly through this episode? Is this sort of instability likely to strike again?

What is your assessment of how Ben Bernanke, the Chairman of the FED, has handled the situation?

1. If you were advising top lawmakers in Washington about the potential policy responses to the subprime turmoil, what advice would you offer? Please consider both short-term remedies and long-term reforms.