Since the State's regulatory and oversight functions were operated by financial industry "in and outer's" on the one hand and clueless recipients of political patronage, like "Brownie", on the other, there didn't seem to be anyone that wasn't hopelessly compromised by conflicts of interest and/or had any fucking clue what to do when finance shit the bed. Maybe capitalism will do better next time around when it has smarter people running the State than the ones running it like a goddamn cash machine for themselves and their friends.