I agree.
Not only have they got away with it - they now have the explicit backing of the government and the taxpayer to redeem them from the next inevitable crash due to their excesses.
I see no regulation or intervention only encouragement. The only end I see to this is the break-up boom. The FED the BoE, the governments on all sides have just stepped on the accelerator again. Its as if this thing is being orchestrated - now I don't really believe in conspiracy theories, but its also hard to believe that so many people are so dumb.
