Question: In what ways does the shadow banking system differ from the commercial (deposit taking) banking system? Why have runs on commercial banks become rare, while

In what ways does the shadow banking system differ from the commercial (deposit taking) banking system?

Why have runs on commercial banks become rare, while several shadow banks in the U.S. experienced problemsduring the U.S. financial crises in 2007-2009?

Please provide a full explanation. Thank you.

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