I have to disagree with you ebear. The problem was not lack of regulation but lack of enforcement. The rules that are already in place are not being enforced. Nobody has gone to jail because the government has been captured by the financail industry.

it is not so much regulation but corruption that is the problem.

There are many flavours of llibertarians but

Most libertarians were against the bailouts. If it were up to them the depostors accounts would have been moved to other institutions and there would currently be no JP morgan, Goldman, etc. They would have been sold off in pieces through bankruptcy court if there was anything left. Most libertarians also believe that corporate officers should be held directly responsible for their actions. Slavery is treating a person like property. A corporation is treating property like a person.

Of course if it were up to libertarians the market place would also choose what is money and I doubt that would be paper dollars.