Mostly, they are afraid that being tough on bank governance will somehow disrupt the flow of credit. It is a silly and baseless fear, but that is how modern regulators think and act – in a state of constant, irrational anxiety.
简而言之，监管者的默许是因为他们害怕。在大部分情况下，他们害怕对银行强硬免不了会干扰信用流。这一担心毫无根据，愚蠢透顶，但正是现代监管者的想法和行动——一种持续的非理性焦虑。