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Essentials of Contemporary Business by David L. Kurtz, Louis E. Boone

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The Financial System

Learning Objectives

image Understand the financial system.

image List the various types of securities.

image Discuss financial markets.

image Understand the stock markets.

image Evaluate financial institutions.

image Explain the role of the Federal Reserve System.

image Describe the regulation of the financial system.

image Discuss the global perspective of the financial system.

Community Banks Team Up to Fight the Megabanks

Here's what one customer recently had to say about her relationship with a major U.S. bank: “I'm sick of their fees. I'm sick of not knowing where my money goes.”

Does that sound familiar? ...

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