In 2005 if your bank rocked up to their regulator explaining that they wanted shared hosting of their financial systems on commodity hosting providers they woul

In 2005 if your bank rocked up to their regulator explaining that they wanted shared hosting of their financial systems on commodity hosting providers they would have been told to reconsider or lose their banking license. Now it's carte-blanche to have core financial systems on Amazon, running alongside EC2 instances purchased with stolen credit cards by folks in non-extradition countries.