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Shadow-Banking System Next Up for De-Stressing

By Implode-Explode Heavy Industries

For better or worse, stress tests of the 19 largest U.S. banks are done. Investors and the government feel they have a better handle on banks' financial health and can move on. That gives officials room to address another pressing task on the financial crisis to-do list: Fixing the so-called shadow banking system, or non-bank lending markets.

Full post as published by Mortgage Lender Implode-o-Meter on May 09, 2009 (boomark / email).