1. For this assignment, start by describing the subprime mortgage crisis. How did it start? Who were the major players? How did it impact the global economy and why? What are mortgage pools? Mortgage Backed Securities? FNMA and FHLMC? Why did the mortgage pools work at first, and what made them go away?
2. The next section should be a historical perspective. How does this compare to previous crises? There have been several. 1920's 1980's. Use at least 2 articles. Reference them properly. No Wikipedia.
3. The next section should look at options for how we can fix the state we are in. What options exist for policy makers? Maybe look at what the Fed is talking about. Or the (absent/asleep) SEC. Use at least 2 articles.
4. Finally, your chance to state your opinion: What SHOULD we do as a nation/planet? Go back and lay blame where you think it belongs and then map out a plan for the future. Use articles.