God I love amateur hour. The economic crisis stems directly from the impossibility of correctly modeling rare events in a complex system such as the financial m

God I love amateur hour. The economic crisis stems directly from the impossibility of correctly modeling rare events in a complex system such as the financial market. You throw the gross lack of accountability fueled by many factors, including a few government backed loans used for leveraging, and no one has to ever solve the real problem. A new approach is needed for the financial markets, and it should have absolutely nothing to do with increased regulation.