Don't expect things to change any time soon. The problem is systemic, on a global level. This is not just GS; they only happen to play the market better than mo

Don't expect things to change any time soon. The problem is systemic, on a global level. This is not just GS; they only happen to play the market better than most. Banks have an incentive to take on greater levels of risk in order to attract deposits (which are a highly liquid, short-term source of capital); hence, investors must find a way to out-do the bank returns in order to justify their existence. People can point to specific flaws within the system (of which there are many), but we live in a global economy with many banks competing for profits. Given that the possibility of eliminating greed is near zero, this really is a catch-22. Global regulation (see the Basel Accords) would result in significantly diminished economic growth, but is the only viable "solution" (you can begin to see how Marx justified communism). Result: the global banking system tends not to incentivise long-term investment, which then leads to asset bubbles. While we can not prevent bubbles all together, regulatory regimes can help to make them less frequent.