Whisper it softly, but one of the lasting effects of this crisis could end up being institutionalised guarantees for buyers of securitised assets to sit alongside guarantees for retail depositors.

• 对此人们各执一词，但这场危机的一个长期影响将是为对证券化资产购买者提供同小额零星存款者的担保类似的制度性担保而告终。