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Rickos Rickos
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6 years ago
Which of the following is true regarding Investment Banks?
A) As a result of the financial crisis of 2008, all stand alone Investment banks either failed, were merged into commercial banks, or became commercial banks.
B) Under the Glass-Steagal act, commercial banks were allowed to operate as Investment banks.
C) When Glass-Steagal was repealed in 1999, commercial banks and Investment banks had to be separate entities.
D) As of 2010, stand alone Investment banks are numerous.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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6 years ago
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Rickos Author
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6 years ago
I really needed your help, thank you! Smiling Face with Glasses
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