Moreover, there are savers who are willing to have a portfolio with different degrees of risk and return and correspondingly there are investment avenues.
The Inquiry, weighing the costs and benefits, concluded that the benefits of moving further in the direction of resilience outweigh the rather small estimated costs. The second set of issues surround “too-big-to-fail” institutions and their resolution. The Inquiry is to be commended for grappling with this.