End of the Intermediate Trend?

[Breand]

It's easy to blame the fed for failing to curb these financial institutions but why is it that these banks don't self-regulate? Why is pursuing profit with reckless abandon socially acceptable? I agree that a sense of caution was completely absent in the economy for several years preceding the recession.

Because they know that if they may actually fail, the government will bail them out. They don't need to restrict themselves, because the government will always save them.