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Washington Mutual was a US Bank which went bankrupt at the end of 2008 due to a number of risk management issues. Read the case
Washington Mutual was a US Bank which went bankrupt at the end of 2008 due to a number of risk management issues. Read the case noted in the link below and answer the following questions: https://www.thebalancemoney.com/washington-mutual-how-wamu-went-bankrupt-3305620 A. Explain credit risk from an individual and a loan portfolio management perspective and discuss how they relate to this case (10 marks). B. Demonstrate how the credit risk management issue(s) in the Washington Mutual case can be resolved through the application of a risk management model (15 marks) C. Discuss how this model can mitigate future credit risk issues for Washington Mutual. (10 marks)
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