FT.com / Columnists / Martin Wolf - Why Davos Man is waiting for Obama to save him

FT.com / Columnists / Martin Wolf - Why Davos Man is waiting for Obama to save him: "the update of the IMF’s Global Financial Stability Report notes: “Worsening credit conditions ... have raised our estimate of the potential deterioration in US-originated credit assets ... from $1.4 trillion in the October 2008 GFSR to $2.2 trillion.” Losses are also spreading to many other asset classes and economies as the slump worsens."