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35. Shadow banking
7 months ago
The shadow banking system is a key component of the U.S. economy, but the financial crisis has frozen it solid. Senior Editor Paddy Hirsch explains what shadow banking is and why it's important enough to warrant its own bailout, called the Term Asset-Backed Securities Loan Facility, or TALF. More coverage of the financial crisis is at marketplace.org/financialcrisis
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Foyez Khader4 months ago -
L S Venkataramanan6 months ago -
Chances Are7 months ago
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SeanCLucas7 months ago -
Bret Carbone7 months ago -
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Ray Gray7 months ago
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tendo 7 months agoThis completely neglects to mention the fractional reserve banking system that the real banks are using to loan out 10 times more money than they actually have. Very misleading to say that the banks are making loans on money that people have deposited, in fact they are making 10 times the loans of the deposits they have on the books. -
r f 7 months agothat may be true, but one video at a time. the nice thing about these is their length makes each more palatable to watch/listen, especially while at work or doing various tasks.
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