14  See A. Persaud (previous footnote) and the Committee on the Global Financial System, "A Review of Financial Market Events in Autumn 1998" (CGFS Publications No.12, Bank for International Settlements, 1999). This latter text has a section (see page 14) on the over-reliance on quantitative tools. 15  International Monetary Fund, "Do Market Risk Management Techniques Amplify Systemic Risks?"
Let me give a special welcome to representatives from the IMF, the World Bank, the BIS, the OECD and the FATF. One thing you could say about the international institutions is that they never allow a good crisis to go to waste.