Lehman Brothers relationship to the “Meltdown”
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?
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