Re "Capitalist governments shouldn't be bailing anybody out . . . If the government takes the risk out of the equation by offering a bailout, any fool could run a business and risk everyone's investments in it with no lessons learned.:"
Precisely my point. You can argue that we should move towards a more Ayn Rand set-up and get governments off our backs. It's states offering bailouts that has encouraged the banks to take idiotic risks. You could argue the opposite though - financial institutions should come under more strenuous oversight from financial regulators with the state limiting bonuses and having a veto on risky investments. It's the current mixed-economy model that isn't fit for purpose. "Bankers socialism" pisses off everyone.
