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How is irresponsible lending related to the 2008 financial crisis in the US?
Par Value
The nominal or face value of a bond, stock, or other financial instrument, originally intended to be the minimum price at which the securities could be sold.
Consolidated Cash
The total amount of cash held by a parent company and its subsidiaries, presented as a single figure in consolidated financial statements.
Acquisition Transaction
A deal or arrangement in which one company purchases another company or its assets.
Common Stock
A type of equity ownership in corporations, typically carrying voting rights and eligibility to share in dividends.
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