Also see: <a href="http://www.theatlantic.com/doc/200905/imf-advice" rel="nofollow">http://www.theatlantic.com/doc/200905/imf-advice</a> for a more in-depth article about why we need more regulation and why the government is unlikely to go through with it and discussion here: <a href="http://news.ycombinator.com/item?id=534679" rel="nofollow">http://news.ycombinator.com/item?id=534679</a>
The only reform we need is a market shakedown and bankruptcy of failing corporations. Let the new guys pick up the debt and form new banks.<p>I, for one, would like to see peer to peer banking.