Writing in the Daily Telegraph, he said solving the eurozone finance crisis should be the priority.
One recent example is the U.S.-led housing finance crisis and meltdown since 2008.
The Federal Reserve System, reconfigured by the Banking Acts of 1933 and 1935, is able to act quickly to prevent a high-finance crisis from becoming a credit-card crunch.
Bloomberg reported Mantega saying Brazil was abandoning policies to weaken the local currency, the real, even though Japan is depreciating the yen and the U.S. continues with the free money policies that started the currency war in the first place after the 2008 finance crisis erupted.
One is to make clearing an area of growth, a rarity in post-crisis finance.
In a two-pronged approach to the crisis, Finance Minister Michalis Sarris was in Moscow for meetings with his Russian counterpart.
The stunning growth in governmental backing has come about thanks largely to federal dominance of mortgage finance since the financial crisis.
But for all the Fed's effort, and despite the rally in the markets, the crisis in American finance remains severe.
Arguably the key ministry in this crisis is the finance ministry.
So during the financial crisis, as trade finance dried up, the Export-Import Bank lived up to its mission and stepped up to fill the void.
On the Greek debt crisis, the European finance minister gave Greece two weeks today to come up with additional austerity measures in return for a 12 billion euro loan.
Investors aren't expecting any elegant, coordinated action from the European Union when its finance ministers meet Tuesday in Luxembourg for crisis talks.
But the world of finance, and in turn the financial crisis of 2008, can never quite be set aside when it comes to the Rays.
The loans emerged about a decade ago but became more popular during the financial crisis, according to fertility-finance companies.
This is worth trying, because if America's subprime crisis demonstrates the pitfalls of untrammelled finance, India illustrates the opposite danger.
However, despite contributing mightily to the worst financial crisis since the Great Depression, finance has largely avoided the kind of industry-altering disruption that dramatically lowers participation barriers.
About 900 pensions managers, fund trustees and company finance directors are meeting to discuss the current pensions crisis.
The International Monetary Fund (IMF) has activated an emergency finance mechanism to help countries hit by the financial crisis.
European finance ministers were in Washington this weekend discussing the crisis with Treasury Secretary Timothy Geithner and President Barack Obama.
Again, Shariah-Compliant Finance has provided NO safe haven from the financial crisis.
Ms Knight said the finance industry was not the only factor in the economic crisis.
If another recession explodes the deficit again, whether America will be able to finance a sustained military response to a major national defense crisis will be at question.
The crisis is being seen by this quintet of finance ministers as an opportunity to get back some of that spirit of international co-operation which marked the response to crisis in the winter of 2008-09.
The feeling in Brussels was that the financial crisis was the fault of the Anglo-Saxon finance model.
In 2007, just before the financial crisis hit with full force, GE's finance arm accounted for about 55 percent of the company's earnings, according to spokesman Seth Martin.
Let us repeat for emphasis: The crisis we fear, when investors no longer will finance our deficits, doesn't begin with a failure to cut entitlements or raise taxes on the rich.
Since the government owns several banks that were nationalised during the financial crisis of 1997-98 and put under the finance ministry's wing, autonomy for supervisors ought really to be strengthened, not weakened.
European Union finance ministers meet later Monday in Brussels to discuss their ongoing debt crisis.
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