Dear Banks: 'Giving Back' in Philanthropy Is Fine, But Also Give Us Back a Financial System We Can Trust

We read of Goldman Sachs investment bank "giving back" at record levels in philanthropy -- $1.6 billion (that's billion, not million) since 2008 -- and we sigh. While it is fitting and proper that Goldman does penance for the damage it caused in the '08 financial crash, it'd be infinitely better if Goldman, and every other big bank for that matter, took a vow -- a pro-active vow -- never, ever to destroy the financial system again, so that post-mortem penance for bad acts is never, ever required...