tylakewalker

The roots of the crisis did not grow within the financial system alone, Henry Paulson tells the FT in a valedictory interview. Super-abundant savings from fast-growing emerging nations put downward pressure on yields and risk spreads everywhere, he says - implying future crises can only be avoided through global co-operation.

There is some quality finger pointing for you. I wonder if Henry is considering running for an elected office in the future. He appears to be practicing some of the prerequisite skills.