The question is whether the shadow system will influence traditional banking in the future.
As home prices fell and loan losses mounted, more of the shadow system became insolvent.
The shadow system enables an orderly transition of power in the event that fortunes shift at a general election.
The size of the shadow banking system has shrunk very considerably since the time of the crisis.
The shadow banking system is likely to become much smaller, so that it will not jeopardize the entire system.
Congress also needs to fix looming problems with the Alternative Minimum Tax, a complicated shadow tax system originally designed to nail fat cats.
The amt is that shadow tax system originally designed to make sure that fat cats with oil wells paid at least some tax.
Among many other proposals, it wants the shadow banking system to be subjected to the same sorts of prudential requirements that banks must follow.
The AMT is a shadow tax system ostensibly designed to make sure that fat cats with tax breaks like oil-well depletion pay at least some tax.
Credit Suisse estimates that the so-called shadow banking system now totals Rmb22.8 trillion or 44% of GDP, making it the second largest asset class in China!
Hedge funds, private-equity firms and other parts of the shadow banking system should go, along with over-the-counter derivatives (OTCs), collateralised-debt obligations (CDOs) and other nefarious structured products.
The AMT, of course, is that fiendishly complex shadow tax system originally designed to make sure millionaires with special tax breaks for things like oil wells paid at least some tax.
This shadow tax system, created in 1969 to make sure fat cats with oil wells paid some tax, now hits upper-middle-income folks who claim too many deductions for ordinary stuff like state and local taxes.
While the shadow tax system of credits and deductions that enrich various business interests is far from equitable, it does offer protection to the private sector from the high corporate tax rate and other anti-growth policies.
FORBES: The Republicans Shouldn't Attempt Any Tax Deal With President Obama
In a meeting at the New York Fed Monday afternoon, 17 commercial and investment banks joined three fund managers (including the Chicago hedge fund Citadel Investment Group) and trade groups to talk about ways of providing better disclosure of the over-the-counter derivatives market, which is part of the so-called shadow banking system.
It is also unfair on the Fed, which had to stand in place of America's collapsed shadow-banking system.
The demise of the investment banks, with their far higher gearing, as well as deleveraging among hedge funds and others in the shadow-banking system will add to a global credit contraction of many trillions of dollars.
But that system's failure casts a dark shadow on the news business that has not entirely lifted.
Marlborough exemplified England's class system, for it lay in the shadow of Marlborough College, one of the nation's great public schools, a preserve of tradition and privilege.
Making use of seven shooters simultaneously, the system photographs the object while projecting various light and shadow combinations in order to determine the ware's geometry.
ENGADGET: OrcaM sphere constructs detailed, digital 3D models of wares while you wait (video)
Shadow business secretary Chuka Umunna said Labour agreed that the tribunal system - which had 218, 000 cases referred to it last year - needed reform.
Currently, transactions within the shadow economy have to be made face to face, but an electronic System D currency would enable remote and even cross-border transactions.
Shadow education secretary Stephen Twigg said it was wrong to be thinking about changing the system while the row over this year's grades continued.
The large shadow of Leibniz in this story traces to his convictions about the breadth with which his binary system could be applied.
FORBES: The Original Hacker and Why His Work, 300 Years Ago, Matters Today
Britain's over-centralised tax system, he says, currently means that locals receive no benefit from living in the shadow of airports, power stations or railway lines.
The aforementioned shadow inventory poses another problem. 2.6 million units still need to go through the system to cleanse the market, which in turn has faced tougher regulation in some states.
FORBES: Housing Markets Will Probably Never Return To Pre-Crisis Levels: Case-Shiller Chair Blitzer
The shadow justice minister welcomed the government's decision to continue with an independent review of the family justice system which was started by the previous Labour government.
Shadow education secretary David Willetts told the BBC he understood people's "deep frustration" at the tax system and the Tories had a commission looking at its reform.
BBC: George Osborne says he wants to look at stamp duty on shares
Shadow communities and local government minister Jack Dromey said the government had ripped up a 60-year-old system that struck a balance between growth and protecting the environment.
应用推荐