The roots of the crisis did not grow within the financial system alone, Henry Paulson tells the...

|By:, SA News Editor

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.