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Lecture Financial markets and institutions: Chapter 14 - Anthony Saunders, Marcia Millon Cornett

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Lecture Financial markets and institutions: Chapter 14 - Anthony Saunders, Marcia Millon Cornett

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Chapter 14 - Other lending institutions: Savings institutions, credit unions, and finance companies. This chapter provided an overview of the major activities of savings institutions, credit unions, and finance companies. Savings institutions and credit unions rely heavily on deposits to fund loans, whereas finance companies do not accept deposits but find themselves mainly with commercial paper and long-term security issues.

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