Other countries adopted slightly different models. A fashionable approach was known as twin peaks, whereby one regulator handled prudential regulation setting capital requirements while another oversaw adherence to business rules.

In Paris, Charlie Hebdo has given form to the spirit of democratic freedom the ability to write, draw, and publish anything even extreme (and at times vulgar) provocations. There is a strong sense in Paris, as there was in New York, that the real target was Western civilization itself.