It is clear that banks and investment firms are able to abuse the power that they have under the guise of the free market. They constantly engage in practices that are unethical, but are not illegal that undermine the trust of the people who give them their money. Banks and investment firms need to be held accountable.
The reckless actions of a small number of bank officials has reeked havoc with the economies of several countries. Banks are in a position to help the public considerably or to take advantage of vulnerable individuals. Without regulations, the banking officials will ultimately do what benefits them to the detriment of the public.
Banks and investment firms should certainly be regulated more stringently. The widespread greed of these institutions has cost the country much money and heartache, as the folks running them treat their firms more like personal casino games than the important services offered for consumer gains and financial advice they are.
Banks and investment firms are more dangerous and have ruined more lives than any drug organization. These are the people who should be in prison because they use misleading tactics and screw people out of money for their own benefit. These people are powered by greed and have no care about a person's well being. They need to be watched and regulated before we get in a hole too deep to dig ourselves out of.