Morgan stanley and goldman sachs converted their charters, Business Economics

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Morgan stanley and goldman sachs converted their charters

Morgan Stanley and Goldman Sachs converted their charters to become commercial banks rather than investment banks as a result of the credit crisis.

a. What advantages did they derive from this conversion?

b. Were there any disadvantages from the change?

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Business Economics: Morgan stanley and goldman sachs converted their charters

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Business Economics: Morgan stanley and goldman sachs converted their charters

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