>Banking has changed, perhaps permanently. It is less profitable and by many measures less risky than before. Banking has "changed" many times before. But thes

>Banking has changed, perhaps permanently. It is less profitable and by many measures less risky than before. Banking has "changed" many times before. But these incidents keep happening. The dot-com bubble, the Great Depression, and currently the student loan crisis, municipal debt crisis and subprime auto loans.