Should Greece suffer a total collapse of its banks and choose to default on the ECB, there is a $ 110bn liability in the form of the eurosystems Target2 funds which the rest of the eurozone may have to bear the costs of. (businessinsider.com)
There are clear signs that Iceland is recovering from the 2008 financial crisis in 2008 and the subsequent collapse of its banks. (blog.politics.ox.ac.uk)
The great recession, caused by the near collapse of the banking industry, resulted in teacher layoffs / reductions in force through the capitol region. (jonathanpelto.com)