Oct 3, 2013
Most small businesses in China can’t get a simple loan from a bank. The practice of 'shadow lending' has grown so fast, it's now estimated to be worth 70 percent of China's GDP.
Apr 16, 2012
Shadow banking has grown since the financial crisis. Sr. Producer Paddy Hirsch casts a light on the system and explains why it's so dangerous.
Apr 13, 2009
The shadow banking system is a key component of the U.S. economy, but the financial crisis has frozen it solid. Senior Editor Paddy Hirsch explains what shadow banking is and why it's important enough to warrant its own bailout, called the Term Asset-Backed Securities Loan Facility, or TALF.