Which of the following features differentiate pre-crisis shadow banking from traditional Jimmy Stewart banking? a. shadow banking
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Question:
Which of the following features differentiate pre-crisis shadow banking from traditional “Jimmy Stewart” banking?
a. | shadow banking had shorter intermediation chains | |
b. | shadow banking involved more transparency and was less complex | |
c. | shadow banking enjoyed explicit public backstops | |
d. | shadow banking was primarily funded through wholesale money markets | |
e. | traditional banking was more heavily regulated |
Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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