Вefore the crisis, private companies have been too much borrowing

Before the crisis, private companies are too dependent on short-term financing

Companies are not adequately monitored the risk before the crisis

Before the crisis, regulators have paid too little attention to the system as a whole

Gaps in regulation led to the fact that the system became unstable

Lending by the Fed helped to stabilize the system

TARP program and the FDIC to resolve the crisis contributed to the

Stress tests in 2009 helped restore confidence in banks

The Fed as a whole was struggling with the crisis by "classical instruments"