As long as Marc Herman is talking tigers, we might as well talk cheetahs. Good mental health break; check out this speedy robot cheetah. Now if it could only do the “lightening” pose at the end.
Banks Don’t Do Much Banking Anymore—and That’s a Serious Problem
As hedge funds, private equity firms, and other asset managers that make up the shadow banking system gradually take over the role of lending, their risks—and the borrowed money they use to make them—are largely shielded from view.
