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Class Two -- Thursday, September 11, 2014
For today’s class, please read the excerpted pages (1-14) on the Business of Financial Institutions from Chapter One of The Regulation of Financial Institutions (West 1999) and then work through the Unidentified Financial Institutions Exercise and try to identify the various institutions. (If you are not familiar with financial statements, don’t worry; we’ll go over the exercise in class.) If you have time and inclination, consider how the first unidentified institution might improve its financial performance.
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