Much of the Dodd-Frank discussion revolves around the economic distortions and disruptions caused by the largest and most complex financial companies, the so-called systemically important financial institutions, or SIFIs. As we consider the topic of SIFIs, let me ask the following questions: how can one firm of relatively small global significance merit a government bailout?
Sources of risk and vulnerability  II.1. Risks in the global macro-financial environment  The primary objective of the Financial Stability Review is to identify the main sources of risk to, and vulnerability for, the financial system stability in the euro area and to provide an assessment of the system’s capacity to absorb adverse disturbances.