Loan Modification

Paul A. Volcker visited nine cities in five countries in the past eight weeks to warn that bankers and regulators ?have not come anywhere close to responding with necessary vigor? to the worst economic crisis in 70 years.

?There is a lot of evidence that financial weaknesses brought us to the brink of a great depression,? Volcker, 82, said Dec. 8. at a conference in West Sussex, England. He told executives there that the changes they?ve proposed are ?like a dimple.?