The Merger of Banks A mental picture that is simple to formulate is the look on the neighborhood mortgage banker's face if a would-be customer walked in without warning and without proof of having any financial worth himself, and proceeded to announce that he had found a property without any great distinction, that may be somewhat structurally weak, possessed only questionable appeal, was not in the greatest of neighborhoods. And for all that great value and “exposure,” he wanted to offer only three or four times its market value? Oh yes, he also wants to repeat the process the following month with a different property. The commercial, private or mortgage banker would summarily dismiss the deranged soul, but that is precisely the manner in which the flurry of mergers and acquisitions have been managed lately: “Consolidation in the banking industry r....

Number Of Pages: 6

Number Of Words: 1440

Got a term paper due soon and need some help quick? You have come to the right place. Essay Galaxy has over 50,000 essays, papers, and reports available for download right now! Get ideas from thousands students just like you to help make that essay perfect. Don't hesitate. Join today and get instant access to our enormous database.

Membership Options Price Savings   1 month subscription    $19.95 recurring * 3 months subscription    $39.95 recurring $19.90 6 months subscription    $69.95 non-recurring $49.75