This is basically a banker trying to divert attention away. A reinstatement of the separation of investment banking from retail banking is really the only thing to put capitalism back into the system.<p><a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Glass%E2%80%93Steagall_Legislation" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Glass%E2%80%93Steagall_Legisla...</a><p>Investment banks can fail at the expense of investors (the wealthy) whereas retail banks failing hurts everybody. The risk profiles are not the same and the fact that the two operations became intertwined meant that central banks had to prop up these hybrid banks.<p>Bankers don&#x27;t want the separation because they&#x27;ll lose a chunk of money to play dice with. If ring fencing did what it&#x27;s meant to do then bankers wouldn&#x27;t care.