Charlie Gasparino just said one of the smartest things I have ever heard from a financial reporter;
"Wall Street as we know it has changed forever, it is now no longer Wall Street New York but Wall Street North Carolina (the HQ of one of the main 'retail' bank that bought one of the investment banks) and that this may not be necessarily a bad thing because the bonuses and salaries being paid to the Wall Street investment bankers are gone forever.
It is obvious that the risks being taken by these investment banks is not commensurately in line with the rewards (eg. interest returned) being returned by these exotic and highly leveraged investments.
Any additional risk has to deliver additional reward and the amount being returned just hasn't delivered, and these risks don't deserve the annual bonuses being paid".
I'm paraphrasing it a little but this is exactly the way I feel - you should sink or swim based on your roi. Dont deliver the roi......back to flipping burgers for you.