Session 5 - LOS

Anyone notice that although Readings 21 and 22 are two different readings (Intercorporate Investments and Mergers and Acquisitions), the 2007 and 2008 LOS under both readings are basically the same? In fact, looking at the 2007 Schweser notes I noticed that they state that part of the readinds are the same and they simply review the Intercorporate Investment concepts again. Why would CFAI repeat the LOS? It doesn’t seem to be a mistake since they didn’t omit it in the 2008 LOS… I don’t get it. My guess is that it’s probably one of the most important topics in FSA that they have pretty much an entire Study Session dedicated to Intercorporate Investments. So be sure to know this stuff well!