Four people have been rescued after they got into trouble in the sea off the north Antrim coast.
Less than 3% of seriously delinquent borrowers got a mortgage modification that reduced their monthly payments in the year after they got into trouble.
It would be a mistake for the leaders of Spain and Italy to assume that if they got into trouble they might be bailed out like Greece: neither the EU nor the IMF could afford it.
They felt that banks got into trouble because the penalties for bad lending decisions had not been severe enough.
Retail banks may have less to change operationally (their funding profile is the obvious exception) yet they still got into a ton of trouble.
An UMNO Johor leader freely admits that the editors got into trouble because they had strayed from the official line.
Perhaps the most shocking thing about recent events was not how rapidly the big Wall Street firms got into trouble but how quickly they returned to profitability and lavished big rewards on themselves.
Some will obviously be concerned about financial contagion - the risk that depositors and investors in Italy or Spain will look at this deal and wonder if they could also lose out if their bank got into trouble.
Will they desert-and doom Marsh to the fate that befell Arthur Andersen after it got into legal trouble?
Others, like Steven Rattner, got into legal trouble when federal regulators and state prosecutors asked questions about how they raised pension fund money.
FORBES: Names You Need To Know in 2011: How Ontario Teachers' Pension Plan Schools Wall Street
For the people who got into trouble were AIG Financial Products and the problem at AIGFP is that they were not treating their CDS contracts as derivatives whose value changed with underlying prices.
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