Does Anyone feel like Bailing

Originally Posted by classicman

I think that IS the discussion. (see thread title) :p

That is why I have been asking others how they would reform the banking/financial services sector. :p

If not with greater federal regulation, then how?

I have never suggested that regulations will eliminate all the crooks and greedy manipulators in the industry. I do think new regulations will minimize these practices and punish those who abuse the system more than they can be punished now.

But if you disagree, I am open to other suggestions. How would you prevent future questionable housing loans? or prevent future Madoff type rip-offs? or shaky financial instruments like derivatives?