Re:CenturyLink to Buy Level 3 for $34B
by maxerickson on Monday October 31, 2016 @11:07AM
(#12837400)
One of the primary responses to the 2008 crisis has been to change the regulations around capital requirements for banks and other financial institutions.
https://en.wikipedia.org/wiki/Basel_III
Note that even though the introduction calls it a voluntary framework, the US and EU have implemented much of it in their regulatory systems.