I agree. It's very inefficient. And as a result, it personally costs me money - in the form of higher taxes for that very inefficiency. And all banks should be

I agree. It's very inefficient. And as a result, it personally costs me money - in the form of higher taxes for that very inefficiency. And all banks should be subject to the same regulation. Them saying that they "can't afford it" is just further evidence that consolidation is necessary.