I get what you're saying, but this is a dangerously optimistic view. Does "conflict of interest" mean nothing then? What kind of checks and balances do we have

I get what you're saying, but this is a dangerously optimistic view. Does "conflict of interest" mean nothing then? What kind of checks and balances do we have to prevent corruption? A quick google search for those jailed for the financial crisis reveals a tremendous amount of corruption and this looks to be the tip of the iceberg: https://www.channel4.com/news/factcheck/factcheck-how-many-bankers-were-jailed-for-their-part-in-the-financial-crisis https://www.channel4.com/news/factcheck/factcheck-how-many-b...