About Finance, Impact of Lehman Brothers’ Bankruptcy
Review as a foundation for this assignment. Write a six-to-eight-page paper in which you:
· Describe how the crisis impacted other businesses.
· Choose an industry that was hit the hardest or one that benefited from the collapse and describe how managers in that industry responded to the events.
· Provide examples of lessons managers need to keep in mind in the post-2008 business environment.
· Explain whether or not an event of this magnitude could occur again, given regulations implemented after the crisis.
· Explain if the American economy is weaker or stronger today as a result of the Lehman Brothers’ bankruptcy and resulting reforms and provide an explanation.
· Provide an example of how this monumental bankruptcy and the resulting credit crisis affected you or someone you know. For instance, you could share a decision you made about your career or investments, or how someone you knew or their business or management decisions were affected.
· Use five quality academic resources, three of which must come from your Week 3 Literature Review. Cannot be Wikipedia, Investopedia, etc.