TBH if you mean the fine then there's not an awful lot to think about. All the big banks have been taking fines on this sort of scale for their mortgage securit

TBH if you mean the fine then there's not an awful lot to think about. All the big banks have been taking fines on this sort of scale for their mortgage securitisation activity. As the article says, this is more or less what was expected hence it didn't have much impact on share price. From the bank's POV it's better to have the fines over with, even though they're large, as there is a tendency to over compensate on the balance sheet when it's uncertain. The situation today is very different from what it was back then primarily as a consequence of the regulatory changes. As we've not had a equivalent shock since, it's difficult to say whether the changes have been sufficient. I have a bit of a concern that one of the big changes: moving to a predominantly cleared model in preference to bilaterals. It definitely reduces exposure but puts an awful lot of concentration onto a small number of clearing houses and exchanges.