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

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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
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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.)...
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