CZM Rewind: Shadow Banking: The Once and Future Economic Apocalypse

Mia teaches Molly what shadow banking is, how it caused the 2008 financial collapse, and how they’re threatening to do it all again. Original Air Date: 3.26.26 Sources: https://www.fsb.org/work-of-the-fsb/financial-innovation-and-structural-change/non-bank-financial-intermediation/ https://www.cnbc.com/2019/04/11/shadow-banking-is-now-a-52-trillion-industry-and-posing-risks.html https://pmc.ncbi.nlm.nih.gov/articles/PMC7992100/ https://www.imf.org/external/pubs/ft/fandd/2013/06/basics.htm https://insights.som.yale.edu/insights/inside-the-cdo-market-that-catalyzed-the-financial-crisis https://www.congress.gov/crs-product/R48512#ifn146 https://www.jstor.org/stable/26153238 https://www.newyorkfed.org/medialibrary/media/research/economists/adrian/1306adri_map.pdf https://tellerwindow.newyorkfed.org/2025/10/17/nbfis-in-focus-the-basics-of-private-credit/ https://www.federalreserve.gov/econres/notes/feds-notes/bank-lending-to-private-credit-size-characteristics-and-financial-stability-implications-20250523.html https://libcom.org/article/debt-first-5000-years-david-graeberSee omnystudio.com/listener for privacy information.