The Roles of "Traditional Banking" and "Shadow Banking" in the Economy
August 29, 2012: 12:00 PM - 1:15 PM
The Economics and Public Policy Forum is a monthly discussion group of Booth alumni and students who gather over lunch to discuss a pre-selected topic and reading material. This is a collegial gathering of equals and we do not present speakers.
Kopecky, Schumacher & Bleakley, P.C.
203 N. LaSalle St.
Everybody knows that "traditional banking" is highly regulated. But just how much capital flows through traditional banking channels versus "shadow banking" channels? What exactly is shadow banking and how does it compare to traditional banking? Is shadow banking legal? regulated? measurable? a risk to our financial systems? or a necessary ingredient to a healthy economy? What is the current health of traditional banking versus shadow banking? Should we bring shadow banking "into the light" and regulate it (if it's not already regulated...)? Our goal is to better understand the effects of shadow banking on the US and world economies. Please join us for what promises to be an interesting discussion over lunch.
A list of short pre-reading assignments will be posted approximately two weeks before the event.
$14 per person for Chicago Booth Alumni Club members, Booth students and Guests
$16 per person for non-members
Includes box lunch
Elizabeth Bleakley, '02
President, Chicago Booth Alumni Club