Status Updates From The House of Morgan: An Ame...

The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
by

Ron Chernow

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Note 1/2:
A thought just struck me: since my uni days I had been fixated on the concept that investment banks are the mightiest financiers of the economy - they are the institutions who financed corporations that directly create value for us in the real economy, e.g. General Electric, Apple, Honda and whatnot. They raise capital via ECM and DCM, and a company would go to an investment bank if they need funds either

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