Producer and documentarian Alex Gibney and whistleblower Dan David speak with MarketWatchRead More
An Alternative To Traditional Real Estate Investing
- Despite tough new regulations aimed at lowering risk for banks, Wall Street continues to find a way to finance subprime loans.
- Instead of direct lending, big institutions like Wells Fargo and Citigroup loan money to nonbank institutions — shadow banks — who then deal with higher-risk clients.
- Banks say this way helps lower their exposure.