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Analyze the cases presented in chapter 8 of the text, Looking Back for Future Lessons: Some Important Cases, located on pages 311-316.

Provide brief summaries, 200-250 words each, of the New York City and Orange County cases.

Explain how the New York City and Orange County financial crises impacted:

  1. Each      government
  2. Other      local governments
  3. The      bond market, including prospectus requirements

Explain what the financial crises implied about the operational and/or capital budgeting processes in each case.

Explain what government can do to anticipate and remedy financial crisis. Apply these actions to each of the cases.

Analyze the cases presented in chapter 8 of the text, Looking Back for Future Lessons: Some Important Cases, located on pages 311-316.

Provide brief summaries, 200-250 words each, of the New York City and Orange County cases.

Explain how the New York City and Orange County financial crises impacted:

  1. Each      government
  2. Other      local governments
  3. The      bond market, including prospectus requirements

Explain what the financial crises implied about the operational and/or capital budgeting processes in each case.

Explain what government can do to anticipate and remedy financial crisis. Apply these actions to each of the cases.