Yet if the surviving firms are to prosper in the long term, and maintain their lucrative fees, the industry will have to address the structural inadequacies exposed so cruelly by the crisis.

ECONOMIST: Hedge funds in trouble

"But there are urgent short-term measures which might make all the difference to the bird surviving the next few years, " said Dr Spottiswoode.

BBC: African lark soon to be extinct

We believe the term accurately describes what has happened over the past seven years for people in most places and businesses still surviving.

FORBES: Age of Context Draft Introduction