I can guarantee you, from conversations I have had with senior executives at these companies, that they fully believe they’ve got the regulators in their back pockets. Until we throw people like Nick Clegg in prison for their revolving door betrayal of their citizens, you’ll have some suspiciously incompetent and sympathetic politicians handling these issues. The whole Federal Reserve stock trading scandal should show you that these “public servants” will bend their morals for depressingly small amounts of money.