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Off Balance Sheet Explained

By Matthew Yglesias  

"Off Balance Sheet Explained"

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The whole idea of some stuff being “off the balance sheet” is an intuitively confusing notion. If it’s there, then how come it’s not on the balance sheet? Shouldn’t congress put a stop to that kind of thing? But what does it even mean? This very informative interview with Jennifer Taub will answer your questions.

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