[DManA]

Walsh missed an opportunity. There is no shortage of regulations on banks and other financial institutions. They are drowning in them.

Somehow we are going to have to counter this false “deregulation” meme. New regulations are BELCHING out of the White House every hour.

[kiryandil]

Look - the problem is that the Banksters have reached the same lofty status that Big Bill Clinton achieved. They're too big to be prosecuted, AND THEY KNOW IT.

The "regulations" are a red herring. It's the "or else" part that's not being enforced.

As an example, Wachovia (now part of Wells Fargo) failed to follow US anti-money laundering laws. You or I would be doing HARD TIME for such violations. Any Banksters at Wachovia or Wells Fargo? Not so much...

How a big US bank laundered billions from Mexico's murderous drug gangs