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How did the traditional investment banking partnership model work? How does that differ from the system today? How did this change contribute to the 2008

How did the traditional investment banking partnership model work? How does that differ from the system today? How did this change contribute to the 2008 meltdown in the financial markets?

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The traditional investment banking partnership model refers to the structure of investment banks before they became publicly traded companies In the past many investment banks were organized as partne... blur-text-image

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