It's interesting that the OP references an mutual fund executive but does not give his name, and it draws information from the Financial Times. When I look at the Financial Times, I can't find this story. There is some concern that the action taken today is Europe is 'too little, too late,' and there are executives insisting that a much more radical set of actions is necessary, but this 'the world banking system is presently in collapse' message is completely lacking.
Wow, somebody added a front porch. A hurricane blew down either a mango or papaya tree on your left while we were living there and the back right corner had a banana tree but that palm tree in front is from after we left in the summer of 1963 or it was very tiny at the time. The Barber family lived in the house to the left while the house to the right was a rental.