1 is assuming every consumer is totally informed and can understand the things a bank is doing. IMO no laymen could understand financial structures and whatnot,

1 is assuming every consumer is totally informed and can understand the things a bank is doing. IMO no laymen could understand financial structures and whatnot, even if they had all the information. I don't have data to back it up (though neither did you) but "Big banks have always been in favor of government intervention" sounds untrue.