The end of Thatcher’s experiment with ‘reckless banking’?

Nick Cohen with a pithy sign off on the banking crisis:

Margaret Thatcher had the annoying ability to produce quotes that even her opponents had to admire. “The trouble with socialism,” she said, as she began the west’s experiment with reckless banking, “is that you eventually run out of other people’s money.” We have learned the hard way that it is the trouble with financial capitalism too.