According to the Wall Street Journal,http://online.wsj.com/article/SB123679308980797581.html#articleTabs%3Dcommentspreventing all future crises is not the goal. The goal is to prevent mishaps from burning down the world economy. I really agree with this issue. as article said, preventing all future crises would be the equivalent of banning stoves and furnaces. Here are three of the threshold questions that need pondering:
Who shall be saved, and who shall be allowed to die?
The goverment must draw a circle to identify which firms or kinds of firms will be saved.
How paternalistic should regulation be, and who should be the parent?
We're foing to get a gurdian even we know a gurdian could get mistake. The question is how much power to give it.
Can we install air bags in the financial system that deploy automatically?
There is the rules for each firms, so understanding each other would be the key.