Posted by & filed under Uncategorized.

Description:  Wide credit spreads and lack of competition boost profits at Goldman Sachs and JPMorgan.

Source: CNNMoney – video report
Date: 10/16/2009

Keys:  Stock valuation (p281), Financial environment (p27), Cash flows (p355)


Questions for discussion: 

  • Summarize the reasons for bank success this quarter and the reasons for concern in the future?
  • How does banking financial success or failure affect corporate borrowers? Explain your answers.

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