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Table Of Contents

1. Introduction
2. Review and Critique of Current Intermediation Theory
3. Recent Changes in Markets and Intermediaries
4.1 Managerial Self Interest
4.2 The Non-Linearity of Taxes
4.3 The Costs of Financial Distress
4.4 Capital Market Imperfections
4.5 Discussion
5. Understanding the Role of Intermediaries in Risk Trading
6. Intermediation and Participation Costs
7. Concluding Remarks
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Published by: Neelima Tembhurnikar on Sep 10, 2011
Copyright:Attribution Non-commercial


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