Side Loans News Today

Film >> i actually have. that you wanna play? it >> absolutely! >> play. it >> within my district i have senior citizens living on fixed incomes. 76 years old. still paying on student loans. its an economic issue, a justice issue. and women disproportionately bear the burden. and black student wars are five times more likely to default on the loans than our white peers. so, it is a racial justice issue. >> yeah, i mean i was just gonna say. there are people who have, are paying down student loan...

What is shadow banking? >> well, it means bank do sufficient off their balance sheet that is not readily transparent to regulators or even the general public. jenna: so in their accounting, its not necessarily accounted for. >> the regulars dont see it. its side loans, they set up subsidiaries. enron had whole shadow corporation what they financed themself concern where they fitnessed themself off balance sheet, and the company blew up. shadow bankings probably not a good thing. some of it is go...