Seven dwarfs - interesting comment from a Reader

Your post (Seven Dwarfs in Stockholm) is interesting in that it confirms the tendency to first blame others, the system etc when being held to account for behaviour. That type of self-righteous response never convinces anybody else outside the own group. The politicians' thrust may be crude and may have negative side-effects, but it is triggered by an apparent unwillingness of bankers to appreciate how others, society at large perceives their behaviour and its crippling effects on the financial system and the economy and to take responsibility for that. Your type of response will only make politicians more determined to ensure bankers will not be able to go the same path again and you will become more convinced of the stupidity of politicians. It takes us nowhere. A meaningful step forward would be made if bankers could say they appreciate the concerns of society and are willing to come with new responsible remuneration systems that also pay justice to the inherent risks ultimately born by society. If bankers could be transparent on how they go about this, engage in a serious dialogue with society on remaining concerns, then the need for blunt politically driven regulatory measures would evaporate.