What’s next for US banks - The McKinsey Quarterly

The The McKinsey Quarterly has released a new paper on the short term future of banking.  The paper is straight forward and not overly technical.  It discuss the two types of accounting (fair value and hold to maturity) that have contributed to our current economic situation.  The full paper requires registration which is free.  http://www.mckinseyquarterly.com/Whats_next_for_US_banks_2368