In the PowerPoint presentation, what did we learn about "shadow banking?" Multiple Choice This market consists of pawn shops, payday check cashing centers, and high-interest rate online lenders like LendingClub and Prosper. The Fed really doesn't do a good job in regulating these types of lenders. This marketplace is illegal and is run by organizations like the Hell's Angels and the Mafia. This is shadow banking. Shadow Banking is simply offshore banks located outside of the U.S. This is the Federal Reserves Bank's super-secret lending program where they lend money to finance CIA orchestrated plans to overthrow foreign governments, counter-terrorist operations, anti-money laundering strike teams, and to catch those involved in counterfeiting.
In the PowerPoint presentation, what did we learn about "shadow banking?"
Multiple Choice
This market consists of pawn shops, payday check cashing centers, and high-interest rate online lenders like LendingClub and Prosper. The Fed really doesn't do a good job in regulating these types of lenders.
This marketplace is illegal and is run by organizations like the Hell's Angels and the Mafia. This is shadow banking.
Shadow Banking is simply offshore banks located outside of the U.S.
This is the Federal Reserves Bank's super-secret lending program where they lend money to finance CIA orchestrated plans to overthrow foreign governments, counter-terrorist operations, anti-money laundering strike teams, and to catch those involved in counterfeiting.
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