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Monday, November 23rd, 2009

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Obama Administration Must Revive Shadow Financial System

Feb 11th, 2009 | By William Patalon III | Category: Financial News

To ease the ongoing credit crisis and get banks lending again, the Obama administration realizes that it first has to resuscitate the “shadow financial system” that’s dominated by hedge funds and other large-scale private investors.

Tags: Asset Backed Securities, Consumer Loan, credit crisis, economic stimulus package, Geithner, Global Economic Slowdown, hedge funds, Structured Investments, TALF, U S Treasury, William Patalon III
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