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"There is a significant gap between their expectations and the reality of where asset valuations are in the current market".
The antiquated stockbroking sector - where asset diversification means buying four UK bank stocks rather than one - has little to offer but a commission-skewed process delivering appalling results.
No-one wants this so the need for central bank intervention is seen as all the greater.This leads to a situation where asset prices seem to be permanently inflated relative to fundamentals such as profits or incomes.
Where asset values are damaged and the owners of properties say that "the ability to drive an income has been marginalised to a point that the highest and best use are now in constant reassessment by the owners".
That stands in sharp contrast with the approaches in Japan and the United States, where asset and credit bubbles were condoned and allowed to infect the real side of their respective economies with devastating and lasting aftershocks.
"They believe in the next couple of years, emerging markets will be the direction where asset managers will park their money," the banker said, "and some Saudi-listed stocks will benefit with investment from foreign investors that will transfer knowledge and new ideas".
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These are areas where assets tend to remain on banks' balance-sheets for 10-15 years or more.
"You get this adverse feedback loop where assets keep falling in value," Mr. Barbera said.
The damage was worst at Credit Suisse First Boston, where assets under management fell by 21.3 billion francs ($15.7 billion).
Enron has been joined by Adelphia Communications, where assets now appear to be smaller than reported and debts far larger.
"There is a sensitivity at these institutions where assets move up and down on an elevator every day.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com