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Rose MCM cover
Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace, 8/e
Peter Rose, Texas A & M University

Introduction to the Money Market

Standard & Poor's Questions

Chapter 10 in Money and Capital Markets: Introduction to the Money Market

Question 1


The financial-service firms in the Market Insight list include commercial banks, thrift institutions, security broker/dealers, finance companies, and insurance firms with varying product lines. However, each of these firms is heavily dependent upon the U.S. money market and many of them, on the global money market. Why is this so?
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