Many large banks issued billions of dollars of trust preferred stock until the financial crisis of 2008.

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Many large banks issued billions of dollars of trust preferred stock until the financial crisis of 2008. Why did banks more so than, say, manufacturing firms appear to like trust preferred stock as a source of capital?

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Taxes And Business Strategy A Planning Approach

ISBN: 9780132752671

5th Edition

Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon

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Question Posted: Aug 06, 2015 02:38 AM

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Many large banks issued billions of dollars of trust preferred stock until the financial crisis of 2008.

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Commercial banks liked Trust Preferred Stock because it ...View the full answer

Taxes And Business Strategy A Planning Approach

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