-Write about financial institutions involved in shadow banking system. -Thoroughly describe Money Market Funds and Hedge Funds . -Describe financial operations performed by MMFs and HFs that indirectly influenced the outcome of the 2008 financial crises. -present the overall growth, size , volume of shadow banking activities in the world compared to US -Describe various positive and negative effects of the shadow banking system on health of the global financial system -describe various measures that could prevent shadow banking activities in the future – describe why various financial activities are shifting from traditional banking into shadow banking system , what drives it? Triggers?