“Am I looking at something the wrong way or is this basically not the guy Id want in charge of regulating banks??”
The short answer is....it depends mightily upon whether you are a banker or not.
As a citizen you should have concerns also since it will be YOU picking up the tab for bailing them out and why should we did you see how much money they donated to obama,acorn and many of them like JP Morgan are down with Sharia financing.
System Was Insolvent In 2008 (And Still Is)
http://market-ticker.org/akcs-www?post=175337
No, The Big Banks Have Not “Paid Back” Government Bailouts and Subsidies
http://www.zerohedge.com/article/no-big-banks-have-not-paid-back-government-bailouts-and-subsidies
CIT Files for Bankruptcy, First Loser in Government Bailout
http://www.businesspundit.com/cit-files-for-bankruptcy-first-loser-in-government-bailout/
End the Fed! Let the so called too big to fail, FAIL on their own dime next time. Many of our smaller banks failed they wiped out their competition that’s not Capitalism that’s Fascism!