Rehypothecation
The Hidden Leverage That Could Break the System
In the quiet plumbing of the financial world, there’s a word few outside Wall Street ever hear, rehypothecation. It sounds harmless enough, a technical term buried in fine print of brokerage or lending agreements. Yet behind that word lies one of the most dangerous, opaque and under‐appreciated risks in modern finance.
If you think 2008 was caused by too…
