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A comment on Regulators Move to Ease Post-Crisis Oversight of Wall Street.

Re:Regulators Move to Ease Post-Crisis Oversight of Wall Street by ham_sandwich on Thursday March 07, 2019 @02:33PM (#19331367)
Wouldn’t large banks and other institutions be in favor of more regulations to deepen their moats?

I could see why they’d want to get rid of Volckler though, so the big I-banks can return to the serious pre-crisis trading revenues they were printing.

Just looking quickly at Goldman’s 2006 10K shows they had over $25B in trading revenue, compared to $5.6B from their traditional investment banking sleeve. I had no idea it was at that level, wow.

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Re:Regulators Move to Ease Post-Crisis Oversight of Wall Street by b_tterc_p on Thursday March 07, 2019 @02:40PM (#19331452)
Banking is already very difficult to enter. They have one of the biggest moats across all industries. This is just a block on extra risky behaviors that are quite lucrative for the banks.
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