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The Merger Of Banks
Part one of term paper
A mental picture that is simple to formulate is the look on the
neighborhood mortgage banker's face if a would-be customer walked in
without warning and without proof of having any financial worth himself,
and proceeded to announce that he had found a property without any great
distinction, that may be somewhat structurally weak, possessed on ...
Part two of term paper ... deranged soul, but that is precisely the manner in which the flurry of
mergers and acquisitions have been managed lately: “Consolidation in the
banking industry reached a near-record pace in the third quarter, with
acquirers paying unprecedented prices to build their empires” (Elstein,
1997; p. 1). Households cannot make purchases of the magnitude of cost and
irresponsibility that these banks and other businesses in nearly all
segments of the economy are doing as quickly as they can ...
Word count: 1432 | Approximate pages: 6
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