As Dubai World's default shows, the financial crisis is far from over. Surprise, surprise, among the creditors with the biggest exposure is Royal Bank of Scotland – a reminder that reckless lending by supersized banks was a global phenomenon. Taxpayers are entitled to ask for a radical reform of banking regulation to ensure they will never again have to foot huge bills for financial folly. So far, there is only one credible proposal.
正如杜拜世界(Dubai World)違約所揭示的那樣,金融危機遠未結束。意外而又頗感意外的是,風險敞口最大的債權人是蘇格蘭皇家銀行(Royal Bank of Scotland)——這提醒著我們,超大型銀行不計後果地放貸是一個全球現象。納稅人有權要求對銀行業監管制度進行徹底改革,確保他們再也不會爲金融愚蠢行爲支付鉅額賬單。到目前爲止,只有一個可靠的建議。
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