Victor Davis Hanson, a historian at the Hoover Institution, Stanford University, writes: "After the junk bond meltdown, the S&L [savings-and-loan] debacle, and now the financial panic, in just a few years the financial community destroyed the ancient wisdom: deal in personal trust; your word is your bond; avoid extremes; treat the money you invest for others as something sacred; don't take any more perks than you would wish others to take; don't borrow what you couldn't suddenly pay back; imagine the worse case financial scenario and expect it may well happen; the wealthier you become the more humble you should act."...