Turkey's Wild Ride

Serkan Senturk / AP

Turks shop at a open air market in Istanbul. Tough times could be ahead.

Suzan Sabanci Dinçer is all too familiar with banking crises and their devastating effects. A scion of one of Turkey's most famous business dynasties, she is chairwoman of Akbank, the country's biggest privately owned bank. Back in 2001, she lived through a meltdown of the Turkish banking system and a terrifying 9.5% one-year drop in gross domestic product. Akbank posted a big loss that year, but at least it escaped a worse fate: almost half of the nation's 80-plus banks disappeared.

Now, another financial crisis is raging, this time globally, and as Sabanci Dinçer watches it...

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