One thing for sure, the reformed global financial system will look like Canada's, which doesn't believe an "invisible hand" guides free markets beneficiently. Greenspan confessed he thought it would. The US recession is forecast to cause a quarter of "negative growth" here from the downdraft of our biggest trading partner. Thousands of jobs are being lost. The financial system, however, is strong---best of the G8. Prudent regulations kept things from going to hell. Something as simple as accountability and banks required to have money in their vaults.
