Comments on: Regulatory gaps let banks off the bonus hook Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 By: MHB Wed, 22 Sep 2010 21:09:50 +0000 Peter,while I agree wholeheartedly with the thrust of your piece,(surprise,surprise!)I am not so sure about your final point with respect to the U.S.

If the polls are accurate there is definitely still considerable anger over the TARP.However, the U.S. public is very pro-business and the anger that is now being expressed may well be very short lived.I have already seen a new line of thinking –almost the conventional wisdom among the chattering classes:The supposed anti-business bias of the Obama Admin.

I suspect that were things to improve markedly for some of those who are now hurting or if the jobless recovery were to be prolonged the likelihood is that the political backlash will be against the Obama admnin not the banks. Europe is a different case,of which I am much less informed.