Question: The Shadow Banking System is defined as hedge funds, conduits, SIV, money funds, monoline insurers, and investment banks. One explanation for why the financial crisis
The "Shadow Banking System" is defined as hedge funds, conduits, SIV, money funds, monoline insurers, and investment banks. One explanation for why the financial crisis of the past year was so dramatic is that there was a "bank run" on the shadow banking system. Provide a two paragraph description of what a bank run means for the institutions in this list of "shadow banks."
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