Dec 192009
 

Remember how people said the financial crisis meant we needed more regulation? Recently there have been reports like this one in the WSJ.

There also has been in-fighting among different bank regulators, with each debating the health of giant financial institutions, say people familiar with the matter.

Sounds like banks and other businesses had better spend less time trying to figure out what their customers want, and more time trying to figure out what regulators want.