Compare and contrast the role of and function of organized financial markets and financial intermediaries.

CLO 4: Compare and contrast the role of and function of organized financial markets and financial intermediaries.
Assignment questions: Total grade – 10 points
Write a critical analysis on the 2007-2009 financial crisis that had hit the United state financial market first and then severely affected other powerful economies of the world.
Include the following points in your writing.
Introduction of the crisis (2 points)
Major causes of the crisis (3 points)
Role of Federal Reserve in managing the crisis (3 points)
Conclusion (2 points)