There's this strange underlying strata in your argument, in that it seems to allude that people 1) Can't be effective regulators without having learned or inte

There's this strange underlying strata in your argument, in that it seems to allude that people 1) Can't be effective regulators without having learned or interacted with private business 2) it is natural to expect people to head to private practice, and there aren't some people who enjoy serving the nation. Finally - as an unrelated point to the above - relations between regs and private entities are dynamic systems. At the moment they are likely too cushy and they need to be further apart. At other times or in other eras, the regulators are too far apart from business to understand best practices. Given the evidence, and the fact that regulatory capture is occurring at multiple levels, it seems apparent an arms length approach is required.