“Where are the tumbrils?” asks my friend Adam Smith.If, like me, you have no idea what is a tumbril, it is a type of horse cart used during the French Revolution to transport condemned prisoners to the guillotine for beheading.What Adam wonders is how we can get so deep into such a hellacious financial crisis without finding at least a few bad guys to behead?

It’s a good question.

In one sense there simply have to be bankers or money managers of some sort who have benefitted greatly from the financial discomfort of the rest of us.On the other hand it is difficult to find many such people.Maybe they are hiding.I know I would.