Wednesday, November 10, 2010

Homework for Thursday, November 11th

We got ton of info today, so I want you to take some time tonight and make sure that you get down in your notes
1. How a bank works.
2. What is the spread?
3. What is leverage?
4. How did Lehman Brothers get into trouble?
I will check to see that you have made an effort to do this and answer questions tomorrow.

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