Group Exercise1 - corporation for banks such as Bear...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Group Exercise In 2008, some reports blame the problems that investment banks have with risky investments such as securities backed by sub-prime mortgages on the change in business organizational form from a partnership to a
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: corporation for banks such as Bear Stearns and Lehman. Why would they say this? (Hint: think about the differences between these two business forms, the goal of the firm, and conflicts between managers and shareholders.)...
View Full Document

Ask a homework question - tutors are online