Monday, June 23, 2008

Marketwatch: Brokers threatened by run on shadow bank system

SAN FRANCISCO (MarketWatch) -- A network of lenders, brokers and opaque financing vehicles outside traditional banking that ballooned during the bull market now is under siege as regulators threaten a crackdown on the so-called shadow banking system, a $10 trillion market that boomed outside traditional banking. While this system became a huge and

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