shadow banking

Bernanke: Fed Increasing Oversight Beyond Banks

The Fed has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another crisis, Chairman Ben Bernanke said Friday.

Shadow Banking: The $67 Trillion Threat to the U.S. Economy

Shadow banking. The name alone sounds ominous -- and it should. Operating out of the spotlight of regulation, the shadow banking system could, given the right conditions, leap from its dark, financial hiding place and bring the U.S. economy to its knees, just like it nearly did in 2008.