Reference no: EM132912662
Why were proponents of deregulation so successful in the late 1990s? How much can we blame deregulation for the meltdown in the investment banking industry, and how could the government have foreseen and/or stopped the domino effect before the crisis of 2008?
Could any one of the investment banks have remained competitive without following the industry trend of taking on increasing amounts of leverage to boost returns on investment? If so, how?
How much of the industry-wide crisis stemmed from the investment banks' financials and the current economic climate as opposed to investor panic and speculation?
How much of the industry-wide crisis stemmed from the investment banks' financials and the current economic climate as opposed to investor panic and speculation?
Did the compensation structure of the investment banking industry encourage banking executives and employees to take on excessive risk to boost short-term profits? Why or why Not?
Why was Lehman Brothers allowed to collapse while Bear Stearns was not?
Why do you think JPMorgan and Merrill Lynch were selected to undernd book-run all $23.3 billion in financings (all debt, common stock, and convertible), instead of sharing the underwriting with additional firms?
What was the role of the leveraged finance group at JPMorgan and why was its involvement important to the acquisition?
Describe the role of equity research at JPMorgan in the transaction. How has the role of equity research changed since 2003?
Assume the following fees were paid: M&A fee of 0.5 percent of the transaction value; debt fees of 0.75 percent on all debt and loan financing; equity fees of 3 percent on all equity and convertible financing. Calculate the estimated total fees for both JPMorgan and Merrill Lynch. Indicate whether you thin this fee were justified and suport your views.
Direct materials for a company were? $500,000; manufacturing overhead was? $250,000; and direct labor was? $770,000. Conversion costs would total ?Plowin' Supply plans to make? 15,000 tractors at its plant. Fixed costs are? $600,000 and variable costs are? $200 per tractor. What is the average cost per? tractor?