The High-Octane, In-Demand, and Worrying World of Risky Loans
			
			
				              
          
              
          Illustration by Leonardo Santamaria
        
                   
 
      
			 
			
				Investors love debt. But is shadow banking hiding risks that should be plainly visible?
			
			
			
      
      
        
        
                      Paul Hastings
                      New York
                      U.S.
                      Federal Reserve
                      J.P. Morgan Asset Management