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THE BUSINESS OF FINANCE

When I was kid, I used to look forward to the holiday season every year. Sure, I liked the family time and the gifts, but the best part was watching the movie It’s a Wonderful Life, which was broadcast about half a dozen times daily. While most view the timeless classic as a touching portrayal of a small town family man struggling to understand his purpose, I regard it as a colorful overview of the financial services industry. That’s right. It’s a Wonderful Life is one of the best finance films ever made! Ripe with themes of commercial banking, acquisitions, and insurance, the film is more than the typical holiday classic. In the film, the ruthless bank owner, Mr. Potter, attempts to acquire the Building and Loan, ...

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