Seminar: Understanding Sub-Prime Mortgage Crisis
July 10, 2008
The “Sub-Prime Mortgage Crisis” which started in the United States is threatening to or has already put the U.S. economy and perhaps the world economy into a recession. This course will provide a timeline of events from the beginning of the crisis until the present.
Areas of discussion will include:
- Why is the crisis happening now? Why not before?
- What is the extent of the crisis? Where did it start and how is it spreading?
- Who are the major players in the crisis?
- What has the fallout been for community banks and for retail bankers?
- What should community / retail bankers expect in the next 6-12 months?
- What are bankers doing to protect their interests and to adjust?
- What has the cost been so far?
- What has been or will be done to fix it? How long is this going to take?
- What are the important lessons learned and what do bankers need to remember going forward in order to prevent this from happening again?
- What are the best sources for keeping abreast of developments in the crisis?
How is the seminar presented?
A combination of presentation and discussion will be used to teach this course. Participants will be encouraged to share their questions and experiences related to the Sub-prime Mortgage Crisis.
