It's Back: Shadow Banking Hits Post-Crisis Highs
Gregory Alan Bolcer stashed this in Dangerous Decisions
Stashed in: Economics!
"The re-emergence of shadow banking may trouble regulators, but likely will boost near-term economic growth and expand growth opportunities in many non-bank financial service sectors," KBW analysts said in a note to clients. "In addition, the growth in non-bank financial sectors is, in part, related to the increased regulation and litigation since the financial crisis."
Oh geez. Nothing has really changed, has it?
I think things have gotten more complicated. That's a change, right? ;-)
Yes, but not necessarily a good one!