Completely different topic. This is talking about reducing counter-party risk in derivatives by creating central counter-parties. (Of course derivative counter-party risk was more a symptom of the real estate driven crash, but that's another story)
There are dozens of other problems which can cause the next one. Most regulations fight the last war, so the next one will be different.
There are dozens of other problems which can cause the next one. Most regulations fight the last war, so the next one will be different.