By luke m froeb - Study guides, Revision notes & Summaries
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Managerial Economics 4th Edition Luke M. Froeb - Test Bank
- Exam (elaborations) • 260 pages • 2023
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Managerial Economics 4th Edition Luke M. Froeb - Test Bank
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ECO(9)
- Exam (elaborations) • 3 pages • 2022
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- £6.02
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This week we look at the principle-agent problem and what went wrong at Wells Fargo. On March 28, 2019, Tim Sloan, the CEO of Wells Fargo, who was supposed to restore the bank's reputation, stepped down. After a very poor showing by Sloan in testimony about the bank before Congress and with long-standing restrictions by the Federal Reserve still in place, the bank seems unable to overcome the crisis created by a whole collection of deceptive practices which rose to the level of fraud. (For more...
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