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The logical conclusion for the facts you present is that we should increase regulation, not that deregulation didn't matter.

Also, to possibly strengthen the criminal code around handling bank deposits.

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Those are two different things. I didn't say we need less regulation. I said that the deregulation that happened over the last few years is irrelevant.

More regulation doesn't help. More of a bad thing is still bad. Better regulation helps. We need to question why the regulators didn't see this coming.

Do you really think I was calling for bad regulation?

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