The role of Finance Intermediaries, Analysts , Consultants and the Funds Managers is under the public scrutiny ..the author feels ..”rightly so !!” We all have lost faith in many of them ( am keeping some exceptions, to prove this statement !!)

There is no doubt that a vast number of investors have lost a huge amount of money during this financial turmoil, which still continues,unabated .
Naturally the blame game has started.
Coming straight to my topic,I feel that the financial intermediaries ought to have alarmed the concerned investors, quite effectively , to the fact that there lies a clear wasted interest or there are clear signals that point towards a steep fall in Re value and stock prices at all levels however , they hesitated probably because they had vested interest to see that the stock prices swell and keep swelling The Incentives , Bonuses, ESOPs etc all drew he tangible benefits from the extra fat that the equity prices gather

As far as $ Re values are concerned, they have proved quite novice and poorly researched all throughout.
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Similarly , the entire machinery that participated and controlled the money markets and the stock markets, also could not see beyond their own self interests of a short run .

The bail out packages also , if and when announced, interestingly , will put higher tax burden on the common investors .

The entire system needs to be revamped. There can not be a reliable cure coming from the quarters which itself is manned by the experts who themselves are the cause of the problem . The real great traitors are those who played a “YES Sir “approach since they were more than happy receiving their swelling pay packets!!

Any rejoinders?/ !! Please .