Shadowy Banking is financial activity that is engineered to extract implicit subsidies from government safety nets. It substitutes innovative corporate entities and products for activities that could be performed more straightforwardly within a traditional banking firm. The shadows obscure organizational forms and transaction strategies that circumvent regulatory restraints and extract subsidies by regulation-induced innovation. Because government support kicks in when private equity is exhausted, safety nets are implicit contracts that offer loss-absorbing equity capital from taxpayers. Unlike lenders and insurers who assess and absorb risk, taxpayers accept Knightian (i.e., unquantifiable) uncertainty. As coerced equity investors whose liability is unlimited, taxpayers would be better served if information systems and corporate law were revised to give them at least the same safeguards and rights of disclosure that minority shareholders enjoy.
The export option will allow you to export the current search results of the entered query to a file. Different
formats are available for download. To export the items, click on the button corresponding with the preferred download format.
By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.
To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export.
The amount of items that can be exported at once is similarly restricted as the full export.
After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.