Systemic Threats, Supervisory Shortfalls
Moody's Talks - Inside Economics
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The Systemic Risks of the Recession
Even before that, the economy was weakening. There was a lot of angst over the economy and where that was headed. So also it's a global system too. I mean, you could see the system seem to be writing itself then credit- Suisse becomes an issue over in Europe. Well, but there's a great piece in the FT where the European regulators were trashing the US decision to bail out the uninsured depositors. One of them called it a joke.
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