National interests threaten reform agenda


Towards the end of the classic 1933 version of King Kong, a huge ape is brought into the heart of New York, breaks his chains and escapes into the city streets, swatting aside cars, police, pedestrians and even an elevated train.

This could be an allegory for financial reform. Freed of its pre-crisis shackles, the regulatory gorilla has been unstoppable – and most of the industry’s objections have been crushed in its mighty fists.

In the film’s finale, however, Kong is surrounded by a swarm of

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