History of: http://www.bis.org/bcbs/history.htm
I don’t like when people use the words crash or collapse in relation to the financial world. It conjures up (literally) fear, lack and chaos in the mind. Major, ongoing adjustment, in my perspective, is a better choice. 🙂 No, my head is not in the sand. There’s only one constant these days and that is change.
To conjure: http://dictionary.reference.com/browse/conjure