"It's not like banks get a choice" Right you might want to go watch Jamie Dimon's testimony to the Senate Banking Committee two months ago. It's fair to say t

"It's not like banks get a choice" Right you might want to go watch Jamie Dimon's testimony to the Senate Banking Committee two months ago. It's fair to say that the senators in control of that Committee absolutely ingratiated themselves to the JP Morgan Chase CEO, falling over each other with offers of "improving regulation" and questions of "how can we make things better for your company". I think it's absolutely fair to say that in this business-is-a-god-capable-of-no-wrong idea some subscribe to in Washington absolutely leads to banks effectively having an enormous amount of choice and control in the regulation process.