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Shadow Banking

Paul Krugman: Fed, Banks Returning To "Status Quo Circa 2007"

nytimes.com | Paul Krugman | Posted 10.07.2009 | Business

Read More: Securitization, Debt, Banking, Banks, Paul Krugman, Talkf, Shadow Banking, Business News

This article on the continued troubles in credit markets was informative. But it raised a puzzle. Call me naive, but why does Fed policy seem to assum...

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Obama and Volcker: Economic Solutions, Good; Summers and Geithner: Financial Solutions, Not Good.

Saskia Sassen | Posted 02.27.2009 | Business

Read More: Investments, Debt, U.S. Economy, Economy, Larry Summers, New York Review of Books, Taxpayers, Paul Volcker, Rubinomics, Economic Plans, Investment Banks, Taxpayer Money, Financial Crisis, Financial TImes, Timothy Geithner, Shadow Banking, Taxes, Money, Economic Crisis, Obama Economy, Barack Obama, Paul A. Volcker, US Economy, Npr, Leonard Lopate, Subprime Mortgages, Obama Economic Plan, House of Rubin, Subprime Mortgage Crisis, Banking, Banking Crisis, Banks, Jeff Madrick, Investment Banking, Business News
Saskia Sassen

The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.

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