Hi Den

Not only in the US they were greedy.Have you ever thought about the fact our 3 major banks in Belgium are almost bankrupt if they hadn't had the recent help from government or in fact the tax payer.It's unbelievable their sp's are so low.All their nice earnings through the years before they destroyed by following US behavior of their banking sector.

But Obama react quickly on the AIG last bonus deal by acting quick and voting for a law to raise 90% tax on their bonusses.

On a talk show on tv I heard that recent crisis also showed that Europe is not so combined like it was before .In fact they are all acting more in light of their own country and not as a European union.Therefor the US will possibly come out first out of the recession.

Who's gonna pay for all that mess?I'm afraid the young guys coming will be heavily taxed for years.Strange world.CEO's can do everything and get paid huge bonusses even if they fail or made wrong decissions and ultimatly the tax payer pays the price.