If the problem had been that insured deposits were paying for lunatic capital markets bets which went wrong then OK, ring fencing, separation, might be a good idea.

FORBES: Vickers, Bank Ring Fencing, Glass Steagall, They're Not the Answer

"We don't have the environment telling them nicely, 'OK you had a good week, but next week has to be better, and the next week again, '" he says.

WSJ: For Jurgen Klinsmann, Mediocrity Will Not Be Tolerated��U.S. Men's National Soccer Team