Assignment

1) Attempt all the questions on the test.

2) Show all work. That is show the steps involved in getting the answer. This will enable me to provide partial credit. It is possible to get up to 90% on a question if the answer is wrong and the steps are correct. If you do not show the steps, then the answer is either correct or wrong and partial credit.

For this assignment, choose only one on the following topics, research it, and write a page memo about it. The two page limit is a strict one, so get to the point and make it clear. Also, this is a management of financial institutions course. Therefore, AVOID GETTING INTO POLITICS.

1) Discuss the government's response on the credit crunch in 1929 through 1933 versus 2008 through 2010.

2) Discuss impact of technology innovations on personal banking and competition between banks.

3) Does having a large number of banks in the US compared with other countries materially increase competition in the banking industry?