to many scandals following on from one another I think trust will never fully recover. Bankers corrupt President corrupt Aig corrupt Brokers corrupt does anyone really believe it will get any better or people faith in the system will recover. Paulson when he was with GS looked for leverage up to 40 times God help us. Bush used war in Iraq to enrich his friends (Haliburton)it will take a miracle for OLbama to fix the damage.
I think Bernie Madloff just put a $50 billion dent in the wealthy class as well. Global economies are returning to fundamentals and away from financial engineering. Our fundamentals are not so good. Our school system is horrid, capital structures in demise, production base eviscerated, labor force aging and our work ethic pales in comparison to that of China and elsewhere. Its going to be a different world!