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“Greedy speculators” What is that? Given a chance to make a profit who would not take it? Mr Raj Nallari? Raj Nallari writes “The financial reforms underway in a number of countries hardly any mention is made about government policy blunders nor does it deal with continued government involvement” Absolutely right! That regulatory nonsense that comes from Basel I and that says that if a bank lends to an unrated small business or entrepreneur it needs to have 8 percent in capital but, if it instead lends to the government of an AAA rated sovereign, like the USA, so that government bureaucrats lend or give stimulus to the unrated small businesses and entrepreneurs, the banks need to hold zero capital... is still kicking and alive, and no one is even discussing it. Of course such regulations can only result in to-obese-to-succeed governments.