Quote Originally Posted by welshwizard View Post
If you'd bought shares in one of the recently failed British banks, the value of said shares plummeted because of the cavalier attitude of those managing and investing the bank's assets.
You might have been one of 'the other folks' who trusted the bank's management to manage the money prudently. Instead they took outrageous risks, which in any other sphere would be described as gambling.

But it was the Banks, or more correctly the Banks' management that was gambling with other peoples money, not the stock market. Unless of course you believe that the banks and the stock market are one and the same.