Reducing to the extreme, I think the current banking/finance crisis can be reduced to the aphorism: Cross me once, shame on you. Cross me twice, shame on me.

Reducing to the extreme, I think the current banking/finance crisis can be reduced to the aphorism: Cross me once, shame on you. Cross me twice, shame on me. And much of the world has let itself descend far too far into the second sentence. People abused the finance system and related laws and regulation, severely. Those people should not have been given a second chance. Keep the system. Throw out the bad actors and policy. Instead, we have set ourselves up to be crossed again, by bad actors that have as a result grown even more powerful. Kudo to Iceland, for giving theirs the boot -- and in some cases, a jail cell.