I hate regulatory capture as much as anyone, but... Others have talked about the question of innocence but I think your comment illustrates not getting the dyn

I hate regulatory capture as much as anyone, but... Others have talked about the question of innocence but I think your comment illustrates not getting the dynamic of regulatory capture. The situation of regulatory capture is about there being "revolving door" between industry and regulators, so that the regulators use same criteria as companies for regulatory decisions. This dynamic results in broad regulatory capture regardless of the individual bad deeds.