Did you read the whole thing? The biggest losers were commodities, not banks. Many banks also just reported quarterly losses and signs of continued economic trouble. The "general consensus" is what it is because of sloppy reporting like the WSJ provided.<p>Go look at the financial sector over the last month--it had a big spike and is now back to where it started. Then look at how closely it tracks the S&#38;P 500. Banks are actually doing a little better, but it's tracking quite closely. There's a lot more to why markets move than proposed new regulation on banks.<p><a href="http://www.google.com/finance?catid=58211593" rel="nofollow">http://www.google.com/finance?catid=58211593</a>