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Bear Stearns, Lehman Brothers, Merrill Lynch, Morgan. Stanley, Goldman Sachs, and AIG were all firms that teetered on the brink of bankruptcy. What was the
Bear Stearns, Lehman Brothers, Merrill Lynch, Morgan. Stanley, Goldman Sachs, and AIG were all firms that teetered on the brink of bankruptcy. What was the fate of each? In what ways were their problems similar? How did they differ? Why were commercial less susceptible to the problems of the investment banks?
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