For a class assignment on the 2007-08 economic crisis. We focused on the idea of a "Shifting Economic Position" as the major reason for the crisis (as per assignment) - Leave a comment if you download, please!

1. Armando Suarez, ArsenyLebedev, Joe Gunshor, Rebecca Ryba, Jacob Turner, Joe Amelio, Nicole Rizzuto

4. Nutshell

5. Banks Washington Mutual Barclays Capital Citigroup Lehman Brothers Merrill Lynch UBS

9. 2006-2007

10. 2008

32. Home Prices

33. LIBOR Spreads

34. Market Volatility

35. Dollar Strengthening?

40. An Atypical Cycle An Atypical Cycle Each of the past six recessions has been accompanied by a bear market, with the Standard & Poor's 500-stock index losing, on average, 31%. By that measure, the stock market's current decline -- with the S&P 500 down 43% from its peak -- is already worse than usual. Bigger the Bubble  Bigger Burst

41. Problem Areas 3 1 2

44. Fixing Home Market These include an infusion of capital that would allow banks to step up their lending activity, Ms. Wachter, the University of Pennsylvania economist, said, and a restructuring of troubled mortgages in order to reduce the number of foreclosed homes flooding the market. If banks expect home prices to continue to tumble, they will be reluctant to lend, even if they have the capital to do so, and the number of people willing to buy a home will remain low. Problem : Stop Downward spiral of home prices Solution : Reduce Growing Inventory, Government help restructure loans to prevent defaults Problem : Keeps banks doors open to new investors Solution : Bail out will take bad loans off books, which will hopefully unfreeze credit markets due to reduce liabilities of banks

48. Despite Economic Downturn The Equity Market Moves Upward Hope for the Future