Securitisation, or the practice of bundling and selling more straightforward sorts of assets, such as mortgage receivables, has in one sense made banks more inscrutable, since banks are left with assets that are relatively opaque.
That has led some campaign-finance experts to dub the practice "family bundling" and say that student giving has become another way affluent donors can circumvent federal limits.
That same report, issued when the agency was headed by Kevin Martin, also called for an end to channel "bundling" by cable and satellite companies, the practice of forcing subscribers to pay for channels they don't watch.