WC, I'm not for squeezing the life out of businesses via over-regulative bull-shit laws and huge taxes but BigBanking/the tail is wagging the dog/U.S. citizens now so I'd say certain regulations i.e. Glass-Steagall Act that were cast aside re. banks should have remained in place. By the removal of too many key regulations congress & 3 or 4 past presidents has created a BigBanking monster that threatens U.S. citizens' economic welfare in many ways.
Just one of many ways BigBanking threatens us~~~> within the last few months guess who has taken on Bank of America's $35-$75 trillion depending which source is correct...(whats a few trillion :) derivatives liability ? If you guessed U.S. taxpayers you'd be right. Proper regulations that were in effect a couple of decades ago forbid banks from entering risky operations like the present *unregulated* derivatives market.