The $4 trillion Repurchase Loan market was a key factor in creating the 2008 recession, but it remains largely unregulated. That's risky for both big banks and individual investors.
The repurchase market is still open and active today, reports business journalist Mary Fricker, even if it is only about 40% as big as it was four years ago. Still, it remains poised to grow again, and the risks associated with that are still as great as before.
For more on this issue, check out Mary's RepoWatch website.