The public has lost interest in these deals. They know the banks got away with murder and pacts that are cost-of-doing business level fines dont get their attention. They want to see managers and executives prosecuted, or at least pay hefty fines (enough to inflict financial pain) and theyd like to see the bad acts exposed too. Of course, the reason this can never be allowed to happen is that that course of action would facilitate private litigation, and that might lead to uncontrolled outcomes, like exposure of really bad conduct (embarrassing the Administration for not going after it themselves) and hefty damages. As we wrote in 2010 : Early in 2009, the banking industry was on the ropes. Both the stock and the credit default swaps markets said that many of the big players were at serious risk of failure. Commentators debated whether to nationalize Citibank, Bank of America, and other large, floundering institutions.