Detailed text transcripts for TV channel - CNN - 20180806:01:25:00
>> it was answer investment bank and investment banks are not the same as banks. they do not have small depositors. investment bank clients are sophisticated who both do and should know the risk of the institution when they do business with them. >> bayer sterns was one of the major firms, but with a slightly edgier reputation. >> goldman sachs is the queen and morgan stanley went tohorse vard. bear stearns was the guy flipping you the birtd bird. >> it's been a hard week for shares of bear stearns as there are constant rumors of the liquidity problem. they maintain the balance sheet, capital ...
Source: news source