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Investment banking is SELLING a bunch of stock, to collect commissions, and when you make a bad decision, covering it up. See 'Boiler Room.'
by ForOldHack 2y ago
Investment banking is SELLING a bunch of stock, to collect commissions, and when you make a bad decision, covering it up. See 'Boiler Room.'
- NovemberWhiskey 2y agoNo, a boiler room operation is typically a brokerage, which is a completely different kind of a business from an investment bank.