Accountability travails

Over the last year the world has been debating a lot about the Obamanomics of bail out plans, the failure of economists in predicting the recession and the way i-bankers self serve to get fatter bonuses. We are certainly going to see many more business cycles and many more versions of bashing and counter bashing. In my opinion, the recession that we may just be leaving behind was here because no one wanted to accountable. The key lesson learnt is that it is not always possible to leverage and securitize.

The markets seem to be picking and sometime soon the sentiment will become a wave. Let us all make use of the good times to progress but let us remember one thing. Every one of us needs to get accountable. Wherever we invest ourselves (in our professions or in the markets) let us take a conscious effort to measure how accountability is being ensured. Speculate but also moderate and finally don't let greed overtake the desire to be right.