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Money and banking

One of the tools that is used to evaluate a potential borrower is collateral. What is collateral? Why can some assets not function as collateral?

Money and Banking

      The commercial banking structure in the US has changed a great deal in the past 30 years. Today the market structure of banking is that of a small set of globally huge banking behemoths (Citigroup, Bank of America, Wells Fargo, JP/Chase, etc) and...
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