[BenLurkin]

Seems the author has no idea what a “Bank run” is.

[bruinbirdman]

"the shadow banking system held $1,300bn of assets that now had to be put back onto the balance sheets of the banks. "

Banks have to keep cash reserves. If they have risky loans, they have to keep larger reserves or write off bad loans.

Shadow banking system? Spooky banking system. Off balance sheet? How about "Not Generally Accepted Accounting Practices."

Let Bill Gross (world's smartest bond guru) take the hit.

yitbos