Thursday, April 12, 2012

Securitization - The Undead Heart of the Shadow Banking System



Here is a study of the shadow banking system, and what changed that helped to fuel the credit bubble and the financial collapse.

The root of this was in the overturning of the Glass-Steagall, the well funded lobbying effort for deregulation in the financial sector under the banner of the efficient markets hypothesis and the trickle down theory, and of course, a systematic undermining of

No comments:

Post a Comment