Banking Crisis

This isn't going to be long as I don't really have a very large understanding of business and economics.

I spent most of today reading (I have been working, but watching a TV doesn't require a brain cell... it does but it steals them from me rather than make me use them) a new web comic. I came across two comics which to me seem to sum up what went wrong a little better than, "those fat cats at the top taking too many risks". First I do think that I am right in saying that all the fat cats did was let their sub-ordinates do the risk taking for them. So this cartoon is probably a more accurate description of what went wrong.
Next the bonus culture. In this one, the character seems to show the real response of bankers to the emergency bail out funds.

As I said I don't know much, but if you have people who made bad investments on a faulty idea, what happened in the past will surely happen again. I doubt they would really have believed that the first failiure was actually their fault, and so learn from their lesson.