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A true investment banker takes no deposits and makes no loans. What are they supposed to do? Gamble with other people money. Gamble with their

A true investment banker takes no deposits and makes no loans. What are they supposed to do?

Gamble with other people money.

Gamble with their own money

Advise the federal government about how to run the economy by testifying to Congress.

Underwrite securities by using their reputation capital as an implied endorsement, and thus helping business- particularly new business, to survive and grow.

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Previous Question Next Question

		Gamble with other people money.
		Gamble with their own money
		Advise the federal government about how to run the economy by testifying to Congress.
		Underwrite securities by using their reputation capital as an implied endorsement, and thus helping business- particularly new business, to survive and grow.