Explain to me how this is the fault of regulators, please? In my understanding this entire episode is a result of an unregulated financial system (at the request of bankers).
You're right, the regulators are just one component of a whole system of fail, and not even the most morally despicable. Perhaps a better explanation is that we've been invaded by aliens?
You're right, the regulators are just one component of a whole system of fail, and not even the most morally despicable. Perhaps a better explanation is that we've been invaded by aliens?