For instance, could we pay the regulators enough for it to become attractive? Over time, maybe being a regulator will become the end goal of new grads.
http://www.bloombergview.com/articles/2014-06-26/strict-regu...
"Here are some possible theories of the financial-regulatory revolving door:
...
2. Regulators want to get higher-paying jobs at banks, so they try to be diligent, fair, competent and zealous, so that the banks are impressed by them and hire them.
3. Regulators want to get higher-paying jobs at banks, so they are hard on banks in ways that force the banks to hire lots of ex-regulators -- to understand complicated rules, say, or to work as monitors for regulatory settlements.
4. Regulators want to get higher-paying jobs at banks, so they are hard on banks in general, hoping that the banks will hire them to just shut them up."
Also, a bank would prefer to reward the boss or co-workers who fires an over-zealous regulator to rewarding an over zealous regulator.
The whole absurdity you quote reads like something someone else hoping to be hired by a bank would write...
I'm usually pretty skeptical, but reading an article on "how hard regulators are on banks" from someone who worked at Goldman Sachs in the 2007-2011 period, I had to chuckle.
This is the one case where regulators would have massive popular support, specially in an election year when two very popular candidates (well, three if you believe Hillary's latest statements) are calling for stronger measures against the people responsible for the "Great Recession".