In 2007-2009, The US experienced a serious housing and financial crisis that took almost 10 years to
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Question:
In 2007-2009, The US experienced a serious housing and financial crisis that took almost 10 years to recover. In the first discussion forum, we will discuss the following questions.
2. Use CDO's, credit swap, auction rate securities, or any other examples to define and explain the concept of "shadow banking". You need to at least use two examples.
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