Shadow Banking System

  • Written by David
  • December 27, 2007 at 11:49 pm
  • 0
  • Greetings All!

    As I update my website over at DGIA, I now see how a blog can serve my clients and friends… I’d like to start by touching upon an article published in the Weekend Edition of the Financial Times dated December 16, 2007.

    The article is titled: “Out of the shadows: How banking’s secret system broke down”

    The article focuses on the growth in credit that has been done outside the regulated banking system which the regulators have had a very hard time regulating! Duh!

    This link should take you to the article in full.. It’s one of the best I’ve seen as of late that highlights the issues of the day.

 

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