What you seem to be saying is that somehow this will resolve itself. I honestly doubt that is even remotely possible. Investment banks and hedge funds are making huge amounts of money, why would they change their business model? If the investment bank model stops working smart money will move. Smart money already has moved, look at Goldman Sachs. Goldman has since the crash been playing new tricks and old games that worked to make money. Why would someone stop playing when the game they know is still helping them to win? There is no incentive to change. Devious practices continue in multiple institutions, the market is more volatile than ever and the profits are still increasing.
Change only comes from within because of some internal conflict or contradiction. There is no conflict of ideas in the banking industry, their goal is still making money with money. Their goals and methods are still closely aligned. That means that the change must come from outside. Either reform (legislation and government force), revolution (social force) or depression (economic force through a market collapse). Doing nothing just delays the inevitable.
What you seem to be saying is that somehow this will resolve itself. I honestly doubt that is even remotely possible. Investment banks and hedge funds are making huge amounts of money, why would they change their business model? If the investment bank model stops working smart money will move. Smart money already has moved, look at Goldman Sachs. Goldman has since the crash been playing new tricks and old games that worked to make money. Why would someone stop playing when the game they know is still helping them to win? There is no incentive to change. Devious practices continue in multiple institutions, the market is more volatile than ever and the profits are still increasing.
Change only comes from within because of some internal conflict or contradiction. There is no conflict of ideas in the banking industry, their goal is still making money with money. Their goals and methods are still closely aligned. That means that the change must come from outside. Either reform (legislation and government force), revolution (social force) or depression (economic force through a market collapse). Doing nothing just delays the inevitable.