All of the banking problems started with deregulation. When our lawmakers abdicated their responsibility to protect the public, the financial predators began their work. If our representatives and senators would like to really change banking for the better, they would limit the interest rate banks could charge on loans and credit cards to a level at which they could make a reasonable profit (as opposed to a windfall profit). While they are at it, they could encourage banks to design loans that, eventually, will be paid in full. When the megabanks can't use smoke and mirrors to lure customers, the local banks and credit unions will look better to consumers and they will also perform better without the unfair competition.