The best way to get bankers to behave well might be to bind them to a code of ethics, like doctors. We've tried ever tighter rules.
It's when times are good that the seeds of the next financial crisis are sown.
Banking used to be an engine of social mobility and a generator of secure, satisfying employment for the many gainfully employed in it.
Corporate wrongdoing is underpinned by a morality that many of us have voted for.