One of the dirty little secrets is that a lot of all the easy money was made a while ago. The media's just kinda catching up now. The increased cost of playin

One of the dirty little secrets is that a lot of all the easy money was made a while ago. The media's just kinda catching up now. The increased cost of playing this game means fewer and fewer firms are able to chase fewer and fewer dollars. They're squeezing themselves out of the market. It's like any other thing in the market: as people see profits they get into a market and accept a lower profit target until the market stabilizes on the marginal cost to produce the good. In this case the good is liquidity for the market. Just give it time to play out. The "problem", if there is one, is kind of taking care of itself. If you want to direct your energy at a real problem, focus on the old-boys-network of getting stuff done in banking: commoditize the crap out of the financial sector's business by breaking down the moats and walls that allow high finance to run scams like the dotcom bubble, the housing bubble, and manipulating the LIBOR.