Since multiple firms were relying on similar marketable assets as a ready source of liquidity, extreme price declines could ensue, engendering a negative feedback loop that, if unchecked, would threaten the solvency of firms operating on the assumption of liquidity through asset sales or borrowings secured by such assets.
(c)  Socialisation: should burden-sharing with the private sector go beyond shareholders to cover subordinated and even senior creditors, or should there be extensive socialisation of the banking losses? In this scheme, the bulk of the professional literature would favour transparency and depth, but not socialisation.