26 Apr Has Anything Changed?

Plus ça change, plus c'est la même chose….."  the more things change.. The rules have gotten more complicated and voluminous but has anything changed? Risk is back in fashion, five years after the March 2008 that Bear Stearns was taken over by JP Morgan Chase at a price of $1.00 per share. To be honest, I wonder if a lot has changed. Furthermore, I have noticed that there is growing number of voices raising similar concerns about the appetite for risk and the resurgence of products reminiscent of the heady days of 2005 and 2006.