Prepare a PowerPoint presentation on the Financial Meltdown in 2008.
What do you think caused or contributed to the recent market meltdown and what can we do to prevent it happening again (concentrate on financial/accounting/regulatory issues)?
There were many companies involved in the recent Meltdown of the financial industry.
Use the company Lehman Brothers
Some were in the Mortgage business, Banking and Brokerages.
Lehman Brothers was involved in the “Meltdown”
Do the following:
1. Profile the company you have selected – what was their business, history of the company, or any other summary information you think would be good background. (a couple of slides).
2. Describe the situation as it relates to the Meltdown, bankruptcy, or financial problems with this company; give specific examples of what happened. (about another slide or 2) .
3. What are your thoughts on this situation? What are your feelings about what happened in item #2 or the entire meltdown? What does it mean for you? Do you think this will happen again?
Informational websites
https://www.economist.com/node/14401030
https://www.investopedia.com/articles/economics/09/lehman-brothers-collapse.asp
Provide a minimum of three credible references (cite using APA).
Must use Reference:
Weil, R., Schipper, K., Francis, J. (2014). Financial Accounting: An introduction to concepts, methods, and uses (14th ed.). Mason, OH: South-Western