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But they are depressing, too, for anyone who wants to see new models of finance, or indeed of business more widely.
According to Van der Kleij, WeChat is looking at utilising the scale and breadth of its social media capabilities as operating systems for new models of finance.
The FSA has begun a recruitment drive to hire an extra 280 staff, who will mainly be involved in assessing the business models of finance firms and the risks they are taking with shareholders' capital and their clients' money.
The crisis has emboldened critics of the Western models of finance and capitalism, as was hinted at in speeches at Davos by Russia's prime minister, Vladimir Putin, and China's premier, Wen Jiabao.
Meriweather was responsible for hiring the young professors and ex-graduate students, who were well versed in the mathematical models of finance that have been developed during the past thirty years.
However, as blockchain is a major breakthrough in data storage and information transmission, it might fundamentally transform the existing operating models of finance and economy, which might lead to a new round of technological innovations and industrial transformation within the FinTech industry (Mu Qi-Guo 2016).
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It is often said that we need innovative models of financing, partnership and delivery but what might those actually look like?
Remembering that Labour still runs the Welsh Assembly – and several big cities – local and national devolution could bring new models of financing universities in different parts of England, as well as across the UK.
Over time, grassroots innovations that are connected with aspirations of local ownership tend to be displaced by better-funded models of financing supported by corporations in the financial and technology industries.
Innovative approaches also include health technologies, interventions based on community ownership and participation, and novel models of financing and policy making.
It is now necessary to experiment with the different models of financing for integrated stroke care, and report proper cost-effectiveness analyses of the experiments.
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