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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 2 / 530 | 
                
    
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Morgan Stanley and Goldman Sachs give up their status as investment banks and become traditional commercial banks that accept deposits from ordinary people and businesses (21st of september.) This has happened because investors lost confidence by the way they worked during the recent crisis therefore they took there money away and the share prices of the bank were brought down...
        
        
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As they had become traditional commercial banks they agree to tighter regulations having higher capital reserves and les risk taking. The bail-out package president Bush with both democrats and Republicans agreed on failled in the House by a vote of 228-205.
        
        
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            General points of the essay
            
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                                    Charles Banks
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                                    Investment Opportunities For Banks
                                    Boutique Investment Banks
                                    banks in uae
                                    commercial banks
                                    Goldman Sachs
                                    Merging Banks
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                                    Working for Goldman Sachs without any financial background
                                    Non-investment at Morgan Stanley
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                                    The Universal Commercial Code, Banks, and Fraudulent Activity
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