There are many young talents in Brazil. There is a lot of hope in Felipe Massa. It is very difficult to judge him in his first year, but by the end of the end we are going to have a better position how he does in Formula One.
Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences.