U.S. banks are already finding regulatory loopholes

Bank analysts who worried that regulatory reform would cripple the U.S. financial sector have relaxed, after they looked over the law and saw opportunities to get around the rules, industry experts said. Dick Bove, a banking analyst at Rochdale Securities, said it won't take long for executives to show that they know more about how the financial system works than politicians who wrote the law. CNBC
Totally agree with that last sentence.