【每日阅读训练第四期——速度越障22系列】【22-04】经管 Shadow Banking

bejamin1111

Time 1， 3:17； Time 2，2:09； Time 3，1:52；
【1st passage】It is very dangerous for banks if they can't regulate the nonbank institutions ; Another financial crisis may happen.
warm up:1:55; time4, 1:38; time5, 1:53;
【2nd passage】How to matain the stability of the bank. Deposit can't be stable without insurance; shadow banks rely on short-term funding in the form of IOUs. IOUS resembles deposit in many ways.  placing legal limits on  firms could use short-term IOUs is one way to keep the bank system stable; But another professore argues that the key to stability is developing sound collateral to pledge against the IOUs.
warm up,2:07; obstacle, 5:44;
the history of Mr Zhang and his new book on shadow banking;
shadow banking in China makes the lending market vulnerable to financial crisis. formal deposit insurance should be introduced to regulate the market.
金融类的文章看得有点吃力不过也算是长姿势了。shadow banking,要西！