Before revision:  When contiguous spreading becomes stochastic (ii) controlled by probability p_2---a condition for the bank to be solvent (active) is stochastic---with increasing p_2, the systemic risk decreases with both pand T_h . We analyse asset allocation for the U.S. banks.
After revision:  When contiguous spreading becomes stochastic (ii) controlled by probability p_2---a condition for the bank to be solvent (active) is stochastic---the systemic risk decreases with both pand T_h . We analyse asset allocation for the U.S. banks.