Shadow Bank Danglars
Where shadow banks intermediate
Is Danglars Shadow Bank right for you?
Almost certainly not. We're a shadow bank and an imaginary one at that; we offer no services to individual clients -- no deposits, no interest, nothing. However, the very real existence of the largely unregulated shadow banking system remains an issue worth considering. After all, the players who control wholesale credit outside the banking system were largely responsible for the worst financial crisis since the great depression. Yet shadow banks still handle trillions daily and remain vulnerable to catastrophic failure. In all events, Alexandre Dumas, the bank's literary founder, is not to blame.
(C)2014, Pete at PolicyPete, Chevy Chase, MD