Liberals consistently show their ignorance of human nature.
"this is about better banking supervision" - no it is about a small part of humanity that will do anything to get ahead even if it is illegal or immoral. You cannot prevent it with supervision - there aren't enough supervisors to go around, and besides supervisors are notoriously lazy, and crooks find a way around them. Punishment is the preferred treatment - harsh and frightening punishment! In the wild west days, stealing a man's horse - thereby leaving him to the mercy of the Indians or the desert was punishable by hanging. Madoff steals 10,000's of people retirement money causing suicides and he gets a soft retirement in prison. Very wrong and not near enough of a deterrent.