FT.com / In depth - How to tame the animal spirits

FT.com / In depth - How to tame the animal spirits: "...policymakers have recognised that the financial system cannot continue to operate as an off-balance-sheet liability of the public sector, leaving the taxpayer to bear the cost of the clean-up after any catastrophe.....President Barack Obama declared in June that its “proposals would compel these firms to internalise the costs they could