I think Chris Doss's remarks on Russian banking worries (and I think they are in the worry, not crisis,category) are a little too non-chalant..
The Guta bank is/was/had been considered one of the "sounder" banks in the Russian financial network, with higher quality loans/assets to better performing Russian businesses. So its closing to prevent depositor runs, the interruption of electronic transfers, etc. is of significance to the international financial network which wants to conduct its business through "legitimized," "capitalized" institutions. Also, Russian bank business loans measure out at about 21 percent of annual GDP, nowhere near Thailand's 75% but right in line with Indonesia's measure, which almost says it all. OAO Sherbank (at least that's how I read the name) has about 50% of all deposits and 25% of all assets in the Russian banking system.
