Ok, as strange as that sounds, i found an interesting piece in the UK Telegraph that is a pretty good read and will make bankers feel all warm and fuzzy and potentially wanted once more.
“The recession was not, of course, incubated by wicked men in pin stripes. It was the predictable (and predicted) result of too much dangerously underpriced debt – compounded in Britain by inept regulation, personally designed by Mr Brown. Spain and Canada both had housing booms, yet by prudent regulation both have avoided bank collapses. Britain, by sorry contrast, was allowed to become the world capital of reckless risk. It would be the gravest error to judge the industry by the misdeeds of an unscrupulous few.”
