Is it possible that you're letting your distaste of the financial system and players involved color your judgment?
It's unlikely, since I don't have any distaste for finance. In most threads I'm the solitary defender of the financial sector.
As I said, it's easy to make up a scary story of doom. The scary story assumes that everyone will try to continue doing everything they previously did before the banks collapsed, and then give up rather than do things differently. Or perhaps the assumption is that the way things are now is the only way things could be. Either way, I'm unconvinced.