The book "Shadow Banking" by Roy J. Girasa offers a comprehensive comparative analysis of the shadow banking system in contrast to traditional banking. It highlights the origins, history, and purposes of both financial sectors and examines the associated risks as well as the regulatory frameworks. The study tracks the evolution of services migrating from traditional banks to less regulated alternative banking products and analyzes the evolution of regulations, along with the role of the Financial Stability Oversight Council in overseeing these new players. A particular focus is placed on the newly designated systemically important financial institutions (SIFIs), especially insurance companies like MetLife, which are seeking an exemption from this designation. Finally, the role of international financial institutions in consumer protection and the regulation of shadow banks is considered to understand the impact of these measures on future banking practices.