Re: What's taking so long?
"I think it's taken so long to get there because profit always trumped risk mitigation."
That was basically my thought. Before the financial crisis, I doubt the banks saw any incentive in prioritizing mitigation techniques. To be honest, I'm not that convinced they feel much incentive even today, or that their definition of "bad behavior" would reconcile well with the public's. Nevertheless, this is an interesting concept and article.