Confessions of a Rehypothecating Fractional Reserve Banker
September 13, 2013 at 17:57 PM EDT
I’ve been trying to wrap my mind around the new 4-letter-word in finance: rehypothecation. I found out that it seems to be related to an old 4-letter-word: fractional reserve banking. I want to argue that these phrases do not deserve to be viewed as cuss words. At least, that’s what I think so far. Let me [...] View the full post at: Confessions of a Rehypothecating Fractional Reserve Banker