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Originally posted by Leonis:
Trefgarne feels at ease saying this:
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The answer is that just about every one of the recent problems to hit financial markets has been caused by individuals acting incompetently, fraudulently or dishonestly.
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then this
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It starts right at the top, with Alan Greenspan, chairman of the United States Federal Reserve....(edit)...Nobody is questioning Greenspan's honesty or even his good intentions. He just got it wrong. That is more than can be said for many of the players on Wall Street who inhaled his heady gas and became delirious on the vapours.
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That's bizarre; system or individual matey?
I'd have to agree about the 'robber barons' though. But current government and business practices are designed to support them as far as I can tell.
"The rich get richer, the poor get the picture" as Midnight Oil elegantly stated.
Solutions? How do you remove greed from an individual? Does it weigh about a pound? 
[/QUOTE]With you 100%. Re Trefgarne, well, he has an ideology to uphold, doesn't he, ie. the markets, left to themselves can do no wrong, generally speaking (ok, there might be a few rotten apples but they can be rooted out) and intervention is always, but ALWAYS bad.