The good news is a Japanese banking group announced they plan to buy a large stake in Morgan Stanley and this analyst says offers like that are just what the U.S. financial sector needs right now, and he says private sector money from around the money is going to be more significant than public bail out money in the long run. The analyst says the Japanese banking group's interest is a gesture of faith. Meanwhile, other countries have not come up with good solutions. This analyst says that shouldn't surprise anyone because this is an American problem at the moment. He commends the Bush administration for recognizing that fact but he doesn't think global powers should accept responsibility for the U.S. bail outs to American companies like AIG. What everyone seems to agree on is that this financial crisis raises the need for an international financial regime which can regulate and inspect the increasingly interconnected markets and support them in the event of another crisis.