I. Introduction-Thesis Statement
A. To better understand the financial crisis of 2007 and its impact on financial markets and financial institutions one must get to the core to see the causes and conditions that enabled us to happen. To do this an in-depth look must be taken on the following:
1. The cause of problems for financial institutions during the financial crisis itself.
2. The impact the financial crisis had on financial market liquidity.
3. Risk management and the lack thereof as it pertained to mortgage-backed securities and what the contribution to the financial crisis was.
II. Body
A. Causes of Problems for Financial Institutions during the Financial Crisis
1. The cause of the problem that