Pragmatic Capitalism

Practical Views on Money, Finance & Life

Understanding Shadow Banking

We’ve all heard about the shadow banking system in recent years, but do you really understand what it is? Don’t worry, it’s really not as dark and mysterious as some people make it sound and it’s really not as complex as it sounds, but it’s very important to understand given its size and scope.  So I’ve gone ahead and compiled a list of good papers that explain the basics of the shadow banking system and why it matter.

Here are some basic primers on shadow banking for future reference. I hope you find it helpful and please feel free to add more resources in the comments:

Understanding Shadow Banking:


Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC.Orcam is a financial services firm offering low fee asset management, private advisory, institutional consulting and educational services.Cullen is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.
Cullen Roche
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