Your Perfect Assignment is Just a Click Away

Starting at $8.00 per Page

100% Original, Plagiarism Free, Customized to Your instructions!


Purdue University Week 3 How the Crisis Impacted Other Businesses Discussion

Purdue University Week 3 How the Crisis Impacted Other Businesses Discussion

Question Description



On September 15, 2008, New York-based investment bank and financial services firm Lehman Brothers filed for Chapter 11 bankruptcy. The bankruptcy filing, which remains the largest in American history, had many far-reaching effects on both domestic and foreign economies. The bankruptcy of Lehman Brothers and resulting Credit Crisis of 2008 led to sweeping domestic financial regulatory reform. New legislation, such as the Dodd-Frank Bill—coupled with the creation of the Consumer Financial Protection Bureau—stand as two examples of measures the government took to guard against future disasters in the wake of this historic bankruptcy. Nevertheless, it took years for investor and consumer confidence to reenter the market.


Use the research you did in the Week 3 Literature Review assignment as a foundation for this assignment. Write a 7–8 page paper in which you:

  1. Describe how the crisis impacted other businesses.
  2. 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.
  3. Provide examples of lessons managers need to keep in mind in the post-2008 business environment.
  4. Explain whether or not an event of this magnitude could occur again, given regulations implemented after the crisis.
  5. 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.
  6. Provide an example of how this monumental bankruptcy and the resulting credit crisis affected you or someone you know. For example, 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.
  7. Use five quality academic resources, three of which must come from your Week 3 Literature Review assignment. These references cannot be Wikipedia, Investopedia, etc. The use of credible sources (ex.,, is strongly recommended.

This course requires the use of APA formatting. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

  • Assess the impact of a large bankruptcy filing on individuals, businesses, industries, and the economy.

I have attached the literature source review which was the precursor assignment as a MS Word file, along with PDF copies of the 5 references used. 3 of these references need to be used for this assignment, while finding at least 2 more.

"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.