'A new generation of leaders is required, selected from people with integrity who have their feet on the ground'
The FBI investigation at Fannie Mae, Freddie Mac, AIG and Lehman Brothers could be followed by examination of the behaviour of regulators, bankers, accountants and other professionals on both sides of the Atlantic (“Hot topic”, Letters, 2 October).

As well as legal actions and negligence claims, professional bodies may question those who have been involved in developing, authorising, packaging and distributing the toxic products that have caused so much harm.