Relevant:
- Ultimate money magician in the Federal Reserve and the art of shadow bailouts
- We Are Exiting the Eye of the Storm
- The great deleveraging -- US households see access to debt diminish. Housing affordability and reversion to the home price to family income ratio.
- New Financial Overseer Looks for Advice in All the Wrong Places
- Shadow Banking System Rises To Record $67 Trillion Globally, Financial Stability Board Reports
2010-09-05 — stuff.co.nz
"An unregulated shadow banking system that grew explosively over seven years, placed a quadrillion dollars in bets then palmed off the trillions of dollars in losses back on to the public while keeping its liberty and bonuses – is plotting to do it all again."
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