On regulatory reform

The big banks are making squealing noises about the proposed financial regulation bills in the senate, complaining that it would hurt them seriously and that more time needs to be spent pondering (notwithstanding that 2 years have already elapsed).
The reality is that the bill in the senate, and most of the other proposals being evaluated internationally, hardly address the real issues, and hardly hurt the monopolistic banks.
Check this out, from Reuters:
Wall street gives much to lawmakers in the reform debate