You're wrong; it wasn't a lack of regulation it was a lack of enforcement. I assume your 2009 line was a shot at the evil Republicans who absolutely everyone with a brain knows are in the pocket of Wall Street. BULLSHIT; doesn't matter who is in the white house we end up with an ex Goldman Sachs officer or some other Wall Street firm officer in effect policing themselves. Please don't tell me you really think Obama/Dodd/Frank put the hammer down on Wall Street. Wall street 'helped' write the bill. And the Slick Master wasn't just shooting down Glass-Steagall while he was in office. Bill C joined the American Banking Association in 2010 in arguing favor of things that would have been against major provisions of the act. Damn, Bill didn't seem to learn anything from the financial meltdown at all. I wonder how many 'contributions' that garnered him. Anything that is to "big to fail" needs to be divided up. And right now all of the new 'regulations' your so proud of don't address that at all. We are still at risk.