There are a lot of liberal blogs calling for Wall Street's head today. I agree that the bankers who did this should suffer. But I disagree in two important ways: I think the bankers are suffering, and if we make them suffer the way many people want to, I think we'll all end up suffering more. More on this a little later.

We want to hear what you think about this article. Submit a letter to the editor or write to letters@theatlantic.com.