I won’t dwell on the vulnerabilities of the banks and how they are being addressed, since that has been discussed in considerable detail elsewhere, but I will discuss some of the weaknesses exposed in global shadow banking. During the crisis, repo markets came under severe stress.
Mr. Draghi: We want to create a system which doesn't destroy the prospectives of the banking industry. Standardization may well hamper growth of financial innovation, but this growth will be more sustainable through time. WSJ: All things considered, what do you think the banking landscape will look like in the future?