Who are these bozos trying to kid, anyway? If they want to call it "thinning the herd" or "high risk takers take it in the shorts", fine. But, please don't even try to say the entire financial system is in the dumper.
The MSM always takes this attitude when covering any subject too technical to be included in a journalism degree program. A story doesn't sell papers, or site clicks, unless it's a Total! Financial! Meltdown!