Earlier quoted context omitted.
This comment doesn't deserve its negative rating. This is not reddit folks.
All over the Internet (even a few other forums for the highly intelligent), there are people trying to blame the recession the "unfettered capitalism" we've apparently gained over the last decade. At HN, I expect people to know better, or, at least, to only have to be taught once.
Hell, I'll even give you supporting evidence: Canada. Not a single bad bank.