This will be a toolset for Advanced Corporate Finance (Fin 401 at SBU) and MBA 610 (Financial Management)
Financial Intermediaries exist to lower transaction costs. I use this to start almost all of my classes.<br>
Edit Remove MoveWIkipedia has a pretty good page covering the history of the NYSE<br>
Edit Remove MoveA look at the history of stock markets from wandering "brokers" to the founding of the first markets<br>
Edit Remove MoveHow credit agencies work from Marketplace on Vimeo. Great stuff with a simple example<br>
Edit Remove MoveA look at defaults and credit ratings. The key takeways here: Table 1&3 --note the default rate for speculative vs investment grade. AND Chart 3 => bad times lead to more defaults. <br>
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