IF, and it is a really big IF. The SEC and the Justice Dept show evidence that they are really serious and pursue vigorously civil fraud and then criminal charges against the highest players on Wallstitution Avenue the stock market will correct to the upside.
Sorry, you have to reform Congress first! They were the ones pushing Sub-Prime loans which started all this mess.
I can see through the "demonizing", straw man, class envy and class warfare approach by the Obama administration. He is willing to blame everyone but himself or his cronies (Dodds, Frank).
And what price are we willing to pay for victory over the fat cats? Destruction of our investment banking system that has recently dodged the bullet? Is this what Obama wants? Is this best for the American people?