I have not had time to read the full report of the Congressional commission on the financla crisis. But, here is one thing in the preface worth reading:

The crisis was the result of human action and inaction, not of Mother Nature or computer models gone wild. The

captains of finance and the public stewards of our financial system ignored warnings and failed to question, understand, and manage evolving risks within a system essential to the well-being of the American public. Theirs was a big miss, not a stumble. While the business cycle cannot be repealed, a crisis of this magnitude need not have occurred. To paraphrase Shakespeare, the fault lies not in the stars, but in us.

   Not that we needed reminding but the guys royally screwed the country. That almost no one is going to be held accountable is the true crime.