Shadow Banking Must Read
This is a very informative piece on how the shadow banking system works (i.e. the “repo” markets – as in sale and repurchase).
Dave
Dave is a part-time blogger that writes about whatever suits him at the time.
Features
Hot Posts
Thank You!
Thanks to your generosity, we were able to upgrade our service plan. Hopefully this will help us address some of our performance issues.
Devcat is done with rearranging local software extensions. If anyone notices any problems, say so :^)
Recent Comments
on Pop CornLotta little touches in here. The kitty being distracted by the sewing. "Jiminy Christmas" goes back…
on Open Mic for the week of 2/17/2025This is going to keep happening, folks. We've had decades of the American far-right inject the alt-r…
on Open Mic for the week of 2/17/2025The theory is it'd swing a heck of a lot more than continuing on our current course would.
on Open Mic for the week of 2/17/2025DavidTC: ...affirmative action. ...But I don’t remember anyone, and certainly no elected Dem, saying…
on Open Mic for the week of 2/17/2025Trump is predictably backing down from his Gaza inanity: https://www.nytimes.com/2025/02/21/us/polit…
Comics
-
February 21, 2025
-
February 20, 2025
-
You know what they say about haircuts: They grow on you.
February 19, 2025
-
Movie of a Man who has Been Out the Night Before
February 18, 2025
More Comments
on Open Mic for the week of 2/17/2025
on Open Mic for the week of 2/17/2025
on Open Mic for the week of 2/17/2025- on Open Mic for the week of 2/17/2025
So the poobahs of the financial world have found away to reintroduce bank runs. I can’t wait for the libertarian scolds [1] to explain why this is a good thing.
1. The ones who disapprove of deposit insurance, meat inspection, fire codes, and everything else that makes our lives a bit more secure, and say “moral hazard” in the same tone that a Baptist preacher reserves for Satan.Report