We need to enforce Clayton, Sherman and Glass-Stegall on the too-big-to-fail banks again. Give them a chance to break up. If they refuse, tell them to set up their own depositor insurance because FDIC/FSLIC are going to be limited only to regional and local banks.
Might be a good time for law students to think about specializing in antitrust law: media and banking.
Absolutely. 190M fine is a slap on the hand. Prosecute the guilty and force the banks to foot the bill to cover damages with interest for their own criminality. Treat them like the average American gets treated for failure to remit.