„Hedgefonds sind die neuen ‚Schattenbanken‘ – und einige befürchten, dass sie eine systemische Bedrohung für die Finanzstabilität darstellen“
Treasuries are used as collateral for cash loans. Ironically, the government’s response to the 2008 crisis may have helped create the conditions for today’s shadow banking boom. As part of its efforts to stabilize markets, the Federal Reserve slashed interest rates and started buying government debt. This encouraged investors to seek higher yields by investing … Weiterlesen