Insider Lending
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Originally published | June 24, 1994 |
Authors | Naomi Lamoreaux |
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Date of Upd. | |
ID | 1979522 |
About Insider Lending
Banks in early nineteenth-century New England functioned very differently from their modern counterparts. Most significantly, they lent a large proportion of their funds to members of their own boards of directors or to others with close personal connections to the boards. . . .