Business Spectator - 21st century banking

Business Spectator - 21st century banking: "September when Lehman Brothers collapsed. We now know that the world went perilously close to a complete breakdown of the banking system which would have ended globalisation as we know it and led to unemployment of over 50 per cent in most countries. Global leaders looked into the abyss then and they are now determined to do whatever is required to avoid a global banking breakdown."