Question 1.

Please search case study “Orange County Bankruptcy” in Google. First, do some self-learning, and then write an essay to give me some directions on: 

1. Who is Robert Citron?

2. What was the Orange County Governance Structure?

3. What was the political and economic background before the bankruptcy?

4. What was the Orange County Investment Pool and balance sheet (1994)?

5. What was Citrons Strategy?

6. How the Fed action affects the interest rate in 1994?

7. Describe the crisis following the Fed action.

8. Describe the outcomes.

9. Finally what are the lessons to learn?

10. Please list all the references.

The essay should be within three pages including tables and references. The font is Times New Roman, size 12pt, 1.5 line space, and each of the nine questions to be answered in their own paragraph is preferred.