There is much confusion about what shadow banking is and why it may create (systemic) risks: Some equate it with securitisation. Others with non-traditional bank activities, or non-bank lending.
via What is Shadow Banking? « naked capitalism.

There is much confusion about what shadow banking is and why it may create (systemic) risks: Some equate it with securitisation. Others with non-traditional bank activities, or non-bank lending.
via What is Shadow Banking? « naked capitalism.
DO YOU HAVE THE "WRITE" STUFF? If you’re ready to share your wisdom of experience, we’re ready to share it with our massive global audience – by giving you the opportunity to become a published Contributor on our award-winning Site with (your own byline). And who knows? – it may be your first step in discovering your “hidden Hemmingway”. LEARN MORE HERE