how come people lost their homes and became homeless due to the lehman failure?

1. How come the stock exchange price crumble so much in few days? What has happened in these companies exactly? (Enron,Lehman,Satyam computers) Explain in your own words in short and brief.

2. Which investment of Lehman Brothers became disaster? Lehman was investing in what kind of assets exactly?

3. How come people lost their homes and became homeless due to Lehman failure?

4. Applying microeconomics principles, explain why was the real estate market (properties and homes) in US and world wide collapsed due to Lehman failure?

5. World went into recession due to Lehman Brothers and subprime crisis, but where exactly the money gone?

How suddenly money disappeared from the world economy?

6. Why and how all 3 (three) cases affected the entire world?

7. How much was money lost worldwide in all 3 (three) cases?

8. What was the primary reasons which fosters a corporate giant like Enron to boost its profits?

9. What we can do to stop repetitions of these malpractices?

10. What are the basic and fundamental accounting convention which were not followed in the Enron case?

The Megabuck Hospital Corp. is to build a state-subsidizednursing home catering to homeless patients as well as high-incomepatients. State regulations require that every subsidized nursinghome must house a minimum of 760 homeless patients and no more than900 high-income patients in order to qualify for state subsidies.The overall capacity of the hospital is to be 2,100 patients. Theboard of directors, under pressure from a neighborhood group,insists that the number of homeless patients should not exceedtwice the number of high-income patients. Due to the state subsidy,the hospital will make an average profit of $9,500 per month forevery homeless patient it houses, whereas the profit perhigh-income patient is estimated at $8,000 per month. How many ofeach type of patient should it house in order to maximizeprofit?

What would happen to a country’s standard of living if people lost faith in the safety of the financial institutions? Explain.