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QUESTION
Research the following three cases: the savings and loans crisis in the US in the 1980s, the Orange county bankruptcy, and the Long Term Capital Management (LTCM) collapse. Focus strictly on the ‘interest rate risk’ aspect of all three cases. Write a 8-9 page analysis of your findings in your own words (double spaced, Font: Times New Roman, Size 12). Be sure to address the source and nature of the risk, and how it played out. Make sure you reference your analysis: assign a serial number in the text, and list the source in the bottom of the page. Do not use end-of-document reference list.
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