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Aswath Damodaran on the Future of Business Education

Masters in Business

CHAPTER

The Importance of Control in the Publishing Business

"When I get a wire from outside, I can't tell them what to do. So they take their bank and their wire money to JPMorgan Chase," he says. "You get tinged when a wire comes in, not outgoing. I get hit both ways." He adds that banks are acting like it's 1985 still.

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