What are your thoughts on this situation


Think- what do you think caused or contributed to the recent market meltdown and what can we do to prevent it happening again. *Washington Mutual*

1.Describe the situation as it relates to the Meltdown, bankruptcy, or financial problems with Washington Mutual; give specific examples of what happened.

2.What did the Government or industry do about it? Discuss what response the Government and industry took, or how did it get resolved.(What effect did the Bailout package have on it or any other Government action).

3.What are your thoughts on this situation?What are your feelings about what happened in item #1&2 or the entire meltdown? What does it mean for you? Do you think this will happen again?

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