Salomon and the Treasury Securities Auction Case Solution
Framework to permit the students to examine the ethical, supervisory and legal measurements of John Meriwether's scenario. Background details about the background of Salomon Brothers and even the financial investment banking market, the marketplaces for federal government safeties, and the guideline of securities dealerships and agent is linked with Meriwether's account. Easily accessible to people with and without having experience in financial investment consumer banking.
This note took place in June 1991, 2 months previous to Salomon Brothers' statement that the company had actually breached the Depository Department's guidelines governing the bargains of brand-new Treasury safeties. Now, one calendar month later on, there is installing conjecture in the push that Salomon attempted to catch the market with May 2-year notes.
PUBLICATION DATE: March 08, 1992
This is just an excerpt. This case is about FINANCE & ACCOUNTING