Rodney does not understand how investment banks work. In the Abacus case, Rodney assumes Goldman Sachs would
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Rodney does not understand how investment banks work. In the Abacus case, Rodney assumes Goldman Sachs would lose money since the value of assets in Abacus declined drastically. How would you explain to Rodney how Goldman Sachs actually made money on Abacus?
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Related Book For 
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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