08 May Bloomberg: Shadow Banking System Needs Stick, Not Carrot
Posted at 09:47h
in Credit Spectrum
Bloomberg commentator David Reilly quotes R&R's Ann Rutledge on the next target for regulators in mending the financial crisis: the "shadow banking system" of non-bank lending markets. Rutledge calls for "an exchange-like setting to provide the sort of standardization and rules that help trading of stocks...