You're just wrong archarito. The Great Depression was caused by banks speculating, so FDR passed legislation making it illegal for a bank to be both a lender and a speculator. This law held until about six years ago when Bush and his administration (the neo cons in other words) changed the law. They made it legal for a bank to both lend money and speculate. It only took six years for the Great Depression to return and for pretty much the same reasons as the one in the 1930's. Unfortunately the Republicans hate FDR and the New Deal so much they've spent much of their time and energy trying to undermine every last bit of it without ever understanding the sound economic reasons for why it had to be done. They've thrown the rule book out of the window on everything else and the financial system was bound to eventually suffer a meltdown under their misguided guidance. As early as 2003 Warren Buffet was calling derivatives 'financial weapons of mass destruction' and a line in a newspaper today said that there hadn't been such panic on Wall Street since 9/11 when the stock exchange was ringed by troops but in September 2008 'the stock exchange blew itself up'. There was $15 billion dollars worth of insider trading on Wall Street on September 11 as the attacks were taking place, a clear indication that a lot of people on Wall Street had prior knowledge of the attacks so you'll have to pardon me if I have no sympathy for these vultures at all. The meltdown is just more proof that 'those who refuse to learn the lessons of history are doomed to repeat it'.