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Assignment Questions

Background on the Economic Crisis of the United States

7 Paragraphs total = 5 pages
1 introduction paragraph- Includes a brief background about Washington Mutual, the economic crisis in U.S
5 paragraph body
1 paragraph conclusion

SOURCES: 5 Different sources total.
E.G internet = 1 source
Book = 1 source
Article = 1 source
Magazine = 1 source
Scholarly Journal = 1 source
Total source = 5

Please Include this Thesis at the end of the introduction.
“Although Washington Mutual seemed like a very reliable West Coast bank to put one’s money in, Washington Mutual remains one of the largest bank in the United Stateshistory to fail”

Answering Why did they fail in the body paragraph.
Body Paragraphs:
1 body paragraph. Sub prime mortgage leading was a huge part in Washington Mutual’s downward spiral.
2nd body paragraph.Company encouraged to target individuals that can barely afford to pay the minimum monthly payment.
3rdbody paragraph. Borrowing
4th body paragraph. PLEASE FIND ANOTHER REASON WHY THEY FAIL.
5th body paragraph. The biggest victim from this are the customers, not the bankers or the top executives.

Please remember to cite the sources in the body paragraphs.

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