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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1241 |
Essay's paper body
The investment banks were certainly smart enough to have in mind the risk related to ‘ignoring’ investors, but as long as the ‘ABCP bubble’ was growing, there were no prospective problems, as sales were significantly increasing. Even when it began to burst, investors remained the same uninformed clients as it is described on page 188: ‘Some banks continued to sell ABCP in the weeks prior to the August meltdown even though many buyers were unaware of troubling warning signs that were evident to banks and discussed at senior levels’...
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Even when it began to burst, investors remained the same uninformed clients as it is described on page 188: ‘Some banks continued to sell ABCP in the weeks prior to the August meltdown even though many buyers were unaware of troubling warning signs that were evident to banks and discussed at senior levels’...
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General points of the essay
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