I agree with jstrate that economics is a technical area few outside of the discipline know. What the media has consistently failed to do is simplify this for the people's sake e.g. CNBC. The other area most societies have failed in is glorification of weath and wealthy elites like Vikram. With great power (or wealth) should come greater responsibility. No one must be allowed to get away with malpractice regardless of societal standing.
Jargon is often used to hide meaning. The club Vikram belongs to is a small elite. That should be scrutinized even more and the public fully involved in this. The financial sector's madness must never occur again.
Read the Article at HuffingtonPost