1 Comment December 6th, 2008

Why are commercial banks buying out or merging with Investment banks now? ?

Truth asked:


I mean I hear about all the financial crises going on but I’m not understanding it totally. I believe some of these investment firms are going belly up due to some bad debt resulting from mortgage payments or people who were not able to pay their part? I thought most of these mortgage payments from commercial or resident loans for home or business were taken from banks and not the investment banks? Why are the commercial banks in the position to purchase these companies? How will it benefit them?

Please do explain if you can.

Thank you!

Di

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This entry was posted on Saturday, December 6th, 2008 at 7:55 pm and is filed under Commercial Debt Loans. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Why are commercial banks buying out or merging with Investment banks now? ?”

  1. Admin Says:
    December 8th, 2008 at 9:35 am

    Humm .. niemand beantwoord .. echt? Nou, ik weet wat er gaat gebeuren? Ik weet alleen niet dat ik er over nagedacht, we zijn slechts te hebben willen 4 banken om uit te kiezen en we gaan beginnen met deze vergoedingen! (en ik vind het leuk vinden zal ik gebruikt te hebben WaMu.)