Paddy Hirsch says shadow banking was, for the most part, left alone by Congress and the Obama Administration in regulation changes this summer. And that may be a problem. As Hirsch reminds us, shadow banking lends more money to more Americans than any other financial sector. He explains the potential danger in this Marketplace Whiteboard video:
Shadow banking: still big, still dangerous from Marketplace on Vimeo.
Posted
07-30-2010 9:31 AM
by
Graham Griffith