After the frisson of a new Apple launch wears off, the reality is more prosaic. So it is with the Apple iPad, which has many faults beyond merely its unfortunate name. Here’s my ITWeb column on the subject.

My previous column at The Daily Maverick, Break the banking cartel, argued that the banks are unlikely ever to solve the problem of a generalised, cash-like, electronic transaction infrastructure that addresses the entire market, both rich and poor, local and foreign, buyer and seller, banked and unbanked.

Lest that argument be interpreted as a denunciation of bankers in general, I thought I’d question why everyone believes politicians when the latter blame the economic crisis on the former. Bankers are a product of their legal and regulatory environment. Hence, In defence of bankers.