To me 2008 showed that the big guys are not keeping with their obligations when it's inconvenient for them. This made me pretty cynical about "honesty" in business and finance. Until then i thought that the market rewards people who do the right thing and punishes people who make mistakes. 2008 showed that if the big guys make mistakes they will quickly change the rules.

I think a lot of people have learned that you should do whatever you can get away with because otherwise you are a sucker.