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    Financial Markets and Institutions Study Set 1
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    Exam 8: Why Do Financial Crises Occur and
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    Why Was the Shadow Banking System Important During the 2007-2009
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Why Was the Shadow Banking System Important During the 2007-2009

Question 21

Question 21

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Why was the shadow banking system important during the 2007-2009 U.S.financial crisis?

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The shadow banking system played a cruci...

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