SAC might not be systemically important like Lehman Brothers, but it is a major force in the markets.
It sounds good, but not if the Fed keeps ignoring problems at individual firms, and systemically.
Both were now supported by the federal government and as such no “systemically important” bank would die.
systemic sys·tem·ic (sĭ-stěm'ĭk)
Of or relating to a system.
Of, relating to, or affecting the entire body or an entire organism.
Relating to or affecting a particular body system, especially the nervous system.
Relating to systemic circulation.