Banking “reform” should consist of one line: “Anyone authorizing government funds or action to bail out a failed bank will be executed”.
The Money Question (what is it, how is it different from credit, who decides, and who makes the rules) dominated our politics from 1788-1912. Nothing except slavery was more important.
The fact that the creation of the Federal Reserve system in 1913 and the gold confiscation of 1933 has made this issue SEEM to disappear has not reduced its importance.
The fact that money center banks and what you call “investment professionals” have become central to money creation in recent years is a novelty which will not last. The ankle-biting harassment of these people by Dodd-Frank and Sarbox will be as nothing when Congress finally reclaims its SOLE authority over money definition and creation.