One season in the last 50 years isn ' t a good argument . <| sep |> I have a secret . It ' s a joke . <| sep |> Congratulations ! Don ' t mess it up ! <| sep |> Im not even going to respond to your questions because you have obviously done no effort to do any research on the topic . I actually work in the financial industry and have done so for 25 years , even managing the credit risk department of an entire trading floor prior to 2008 . I think I know what I am talking about . If you want to learn anything about anything , I would suggest 1 learn what glass steagall was intended to do . 2 realise it did not do anything to counter that at ALL 3 realise that reppealling glass steagall actually made the downturn in 2008 LESS severe as banks like JPMorgan and Wells ended up SAVING banks that would not have been regulated by GS . 4 read SOME of the capital requirements brought on by dodd frank and see that banks are at a minimum 4 x less levered than precrisis . 5 see the results of the stress tests .