[imaginenore]

Regulation done by math is infinitely better than the regulation done by easily corruptible talking heads.

HSBC got caught laundering billions of drug cartel and Iranian money. Do you know how many of the bankers went to jail? Zero. They had to pay a tiny fine equal to less than a month of their revenue.

How many bankers or Wall st guys went to jail for the largest freaking financial crisis they had caused?

Regulation in finance just doesn't work. Look at who the regulators are and who is in charge of the regulators. Half of t these folks are from Goldman.