Shadow Banking Grows to $67 Trillion Industry, Regulators Say

Tricky and hidden unless we thoroughly examine banks:

Shadow Banking Grows to  Trillion Industry, Regulators SayA bankruptcy examiner's report found that Lehman used so- called Repo 105 transactions to move as much as $50 billion temporarily off its balance sheet to convince investors it wasn't carrying too much debt.

via Shadow Banking Grows to $67 Trillion Industry, Regulators Say - Bloomberg.

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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