Emerging Issues in Insurance Regulation: One Hundred Twelfth Congress, First Session, September 14, 2011

The 2008 financial crisis revealed many levels of interdependencies within the financial system.The United States and international regulators are continuing to assess the financial system, and both have challenges in developing approaches to enhance the stability of the financial system in the wake of the 2008 financial crisis. Understanding the interdependencies and connections is key to assessing where the stress points can become cracks and where cracks become fissures and deep chasms.