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(Where are you calling from? <a href=" http://smsconnect.cias.rit.edu/buy-zoloft-online-australia-bdm.pdf ">zoloft 20 mg cds</a> While shadow banking uses many capital markets type tools, it differs a)
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Where are you calling from? <a href=" http://smsconnect.cias.rit.edu/buy-zoloft-online-australia-bdm.pdf ">zoloft 20 mg cds</a>  While shadow banking uses many capital markets type tools, it differs also from traditional capital markets activities &ndash; such as trading stocks and bonds &ndash; in that it needs a backstop. This is because, while most undesirable risks can be distributed away, some residual risks, often rare and systemic ones (&lsquo;tail risks&rsquo;), can remain. Examples of such residual risks include systemic liquidity risk in securitisation, risks associated with large borrowers&rsquo; bankruptcy in repos and securities lending, and the systematic component of credit risk in non-bank lending (e.g., for leveraged buyouts). Shadow banking needs to show it can absorb these risks to minimise the potential exposure of the ultimate claimholders who do not wish to bear them.
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