18453. Subprime Meltdown: American Housing and Global Financial Turmoil Harvard Business School Case Study 708042. This paper provides a Berkeley Research case analysis and case solution to a financial and policy management Harvard Business School case study by Julio J. Rotemberg concerning financial difficulties in the United States from August to December 2006 and the roots of these difficulties in the subprime lending market. The case traces the history of the problems in the subprime mortgage market and looks at the responses of US and European central banks. The analysis includes a problem statement, identification of main issues, problem analysis, identification and assessment of alternatives, recommended solution, and implementation plan. KEYWORDS: subprime lending mortgage case study backed securities financial crisis policy response banking monetary policy case solution. APA Style. 12 pages, 12 footnotes, 8 bibliographic sources. 3,230 words.