>>It looks like some small part of that is going to happen, starting with new rules (actually old rules reenacted) preventing them from over-leveraging themselves. Of course they are fighting it tooth and nail but there are serious efforts afoot to decouple traditional banking from investment operations. AIG never would have been in the soup if not for a wacko group in London playing around with exotic investments.
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>Have you lost your mind? Putting the blame or even a portion of it outside the U.S.????? :o)

Well, the Fed is partly British banks, isn't it?