The new boss says that risk appetite at the investment bank will be dialled back up again in due course, and that more capital will flow to other businesses such as retail banking in emerging markets, consumer credit and private banking.

ECONOMIST: Soci��t�� G��n��rale

When housing crashed, it was the lack of new asset backed securities that pushed the economy into recession by freezing up the banking system and destroying consumer and small business credit markets.

FORBES: Asset Backed Finance Rising From 2008 Ashes