As Brian Basham argues in the Independent this morning:
In attempting to understand the complexities of what went wrong in the years leading to 2008, I've developed a rule: "In an unregulated world, the least-principled people rise to the top." And there are none who are less principled than corporate psychopaths.
And yet these are the people - the bankers - we're bailing out.
Why, oh why?
It's a compelling read and I think the argument sound.