Did you know that this crisis "will fundamentally alter the nature of capitalism"? Hey. Those aren't my words. They're those of David Dodge, former Bank of Canada governor, who said this mouthful and more over the last week. And he should know.

He's one of the people doing the reinventing. In fact, he's just become co-chair of one of the planet's most high-powered committees to change the world, struck by the modestly named Institute of International Finance, but don't be fooled. Members include most of the globe's largest commercial and investment banks, and they pride themselves on their unmatched international political pull.