财经英语教学资料：Chpt 2 Edited Transcript of Special report-Shadow banking.docxVIP

Transcript of shadow banking by the EconomistH-host, G-guestH:In London, this is the Economist. In the issue dated May 10th, we published our annual special report on international banking. This year we look at shadow banking. I’m Stanley Pinial, the financial correspondent, and with me is Edward McBride, the financial editor who wrote the special report. Ed, let’s start with a simple question. What is shadow banking?G:It is a simple question, but it’s also a good one. Even people immersed in shadow banking can’t really agree on a single definition for it. Depending on your view point, if you