As one who worked in banks and savings & loans and for investment bankers for well over 30 years, be assured that the banking industry was in serious trouble even before Obama was born, wherever he was born. Between the Treasury Department, Comptroller of the Currency, FDIC, FSLIC and all of the other meaningless initials, the associated examiners had no idea what they were doing, except charging extraordinary daily rates per examiner to have them in your office, eating your doughnuts and reading your Wall Street Journal. Those government losers were designed to cover the butts of the congressional government losers, what we call 'fall guys'. Neither Dodd or Frank were ever smart enough to design a system this bad, only congress & insider