Category Archives: Credit ratings

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Shadow banking, part 2: Lack of shadow master plan means impact of new rules is uncertain

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The shape of shadow banking reform is now clear. Congress and regulators are going to put a bunch of new rules in place, but they’re not going to articulate a coherent vision of what shadow banking should, or should not, … Continue reading

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Bloomberg: Repo news briefs

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Recent  briefs from Bloomberg. For more detail, click on links: March 2: Remember when the Federal Reserve was keeping short-term repo rates low after the dot.com and Internet busts and the 9/11 attacks? Some blame those low interest rates for fueling the destructive … Continue reading