Assignment Directions

1. For this assignment you will research a single entity that failed in the mortgage collapse of 2007-2008. This will require you to research information on the SEC, FDIC, and Federal Reserve sites. Each of these organizations will have information on consumer settlements due to investment bank and other bank failures. All of these entities were mentioned in the text and vocabulary.

Submission Requirements

1. You will write a report which must include the following elements: a timeline, brief narrative explanation of the events, financial report on the firm you analyzed, actions taken by regulators, and the penalties which were assessed. Pay specific attention to the individual investors and mortgage holders who were harmed and note them in your report; devote at least a paragraph to these losses. Extra points will be awarded if you make a quantitative estimate of these losses. If you do use a math example, cite your source or show your calculations.
2. The report should be no less than three pages, double-spaced, with one-inch margins. Graphs and charts to illustrate points are appreciated and rewarded.