What is moral hazard and why did it become the buzz word of the 2008 financial crisis?
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In 1998 the US government bailed out a hedge fund called LongTerm Capital Management LTCM because it ...View the full answer
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Related Book For
Introduction to Corporate Finance
ISBN: 978-1119171287
4th edition
Authors: Laurence Booth, Sean Cleary, Ian Rakita
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