Buying foreign banks a bad deal?

With US$22 b spent on the buying spree for troubled international banks, and with crumbling values as more misdeeds or debt were revealed, many were chuckling in glee. See, supertalents messing up our reserves. Many are waiting at the sidelines hoping for such opportunities to take potshots at the highly paid and highly acclaimed supertalents in our midst.

Are the criticisms justified? I was in