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In the spirit of financial intermediaries, compare and contrast the basic functions and clients of a classic investment bank (e.g., Goldman Sachs) with a classic
In the spirit of financial intermediaries, compare and contrast the basic functions and clients of a classic investment bank (e.g., Goldman Sachs) with a classic commercial bank (e.g., Bank of Bethesda). Again as financial intermediaries, how do commercial banks and investment banks generally differ, if at all, from insurance companies, venture capital funds, or public pension funds?
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