©2015 Bloomberg View NQ49DH6KLVR5 (Bloomberg View) — Sometimes the gains from a new regulatory regime are obvious. The creation of the Federal Deposit Insurance Corp. is a perfect example. Your bank deposits are guaranteed by the government up to some stated amount, no matter the recklessness or irresponsibility of the

published May 31st 2016, 8:11 am, by Matt Levine (Bloomberg View) — Banks. One simple plausible story about the U.S. banking industry is that in 2006 it was fun and aggressive and wild and dangerous, and in 2026 it will be boring and sleepy and safe and utility-like, but in