These articles and including the one I will post link below are indicative of a manipulated collapse and not one that happened naturally out of greed, ignorance or overleverage. Now we had sytemic risk due to using the Black Sholes theory of creating the investment packages. Also the shaky banking foreclosures came from overexposure to sub primes, arms and Community Reinvestment Act, but all of this works together like a huge conspiracy , however I don’t like saying that at all (its creepy): Read this:
http://m.leap2020.eu/index.php?action=article&numero=3099&PHPSESSID=53f89dfcef29347b82427dc03cabef70
Not entering the bank's board, so deciding not to have a direct say in the banks decision, is only making more probable that in a few months, because they are not delivering the promised loan increase to the economy, the very same banks will have to be fully nationalized. As we explained in another part of this issue of GEAB, we think that major banks are facing full scale nationalization by Spring if they are not able to fulfill their lending roles."
Explains why some things have been going the way they are maybe. I still don't like the arrogant bustids.