EPISODE · Apr 11, 2023 · 2H 29M
Why Shadow Banking Didn’t Cause the Financial Crisis by Norbert J. Michel
from Indulge In Your Ears To A Uplifting Full Audiobook. · host Norbert J. Michel
https://thebookvoice.com/podcasts/2/audible/40227 to listen full audiobooks. Title: Why Shadow Banking Didn’t Cause the Financial Crisis Author: Norbert J. Michel Narrator: Michael Lyons Format: mp3 Length: 2 hrs and 29 mins Release date: 04-11-23 Ratings: 4 out of 5 stars, 2 ratings Genres: Banks & Banking Publisher's Summary: Most American adults easily recognize the following description of the 2008 financial crisis. Unregulated Wall Street firms (so-called shadow banks) made too many risky bets with derivatives, causing the housing bubble to burst. The contagious run through the financial system was only stopped by bailouts from the federal government and major regulatory changes
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Why Shadow Banking Didn’t Cause the Financial Crisis by Norbert J. Michel
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