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Introduction: Provide an overview of the 2007-2009 financial crisis. Introduce the main objectives of the research paper. 1. History of the Collapse (20 Marks): Begin

Introduction:

Provide an overview of the 2007-2009 financial crisis. Introduce the main objectives of the research paper. 1. History of the Collapse (20 Marks):

Begin with an overview of Bear Stearns' financial situation and its involvement in the sub-prime housing market. Detail the events leading to the collapse of Bear Stearns and its subsequent buyout by JP Morgan Chase. Discuss key events before and after the collapse of Bear Stearns that contributed to the financial crisis. 2. Overall Housing and Subprime Housing Market in the U.S. (25 Marks):

Provide statistics illustrating the magnitude of the housing market. Highlight major financial institutions involved in the subprime market (AIG, Lehman Brothers, Freddie Mac, Fannie Mae, Goldman Sachs, etc.). Explain the features of subprime mortgages and why they defaulted. Discuss the role of Collateralized Debt Obligations (CDOs) in the market collapse. 3. Collapse of the Subprime Housing Market and its Impact Worldwide (25 Marks):

Analyze the impact of the subprime market collapse on the U.S. economy and major stock markets. Discuss how it affected the economies of at least three other countries. 4. The Bailout and Ramifications (25 Marks):

Explain the role and structure of the Federal Reserve and Bank of Canada. Discuss Federal Reserve policies contributing to the crisis. Describe government actions taken to bail out Wall Street and their consequences. Provide recommendations for preventing future crises. Conclusion:

Summarize key findings and conclusions drawn fromtheresearch.

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