You're already convinced that it was evil capitalist greed, and if only we could figure out the right formula we could finally eliminate greed, corruption, failure, and, while we're at it, human nature. So why should I complicate things?

How many banking regulations do you think have come down the pike in the past ninety years? Hundreds?

You can't avoid financial failures and blowups. You can isolate them. You could try to create a system that is not so centralized that nearly 90 percent of secondary mortgages and nearly half the entire American mortgage market is tied up in two semi-government agencies.

If we applied the same thinking to government entities that gave us anti-trust laws years ago, we might have something.