• But limited liability means the actions of a corporation are not the responsibility of its shareholders.

    VOA: special.2010.03.05

  • The SIV really was a liability but it wasn't visible to investors investing in the bank.

    结构投资公司本身就是债务,但银行的投资者们并不了解这点

    耶鲁公开课 - 金融市场课程节选

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