Now he starts having ideas. I did not hear him make a peep when the largest and most problematic of these banks (Citigroup) was created and when they had to have a complete overhaul of the nations banking laws to create that particular bank. No, he actively supported the new laws intended to create citigroup and which also resulted in another bunch of oversized financial institutions including AIG.

And later he guaranteed bank profits by lowering interest rates whenever banks were in just a little bit of trouble. The inevitable result was an asset bubble and rates so low that when we had an actual crisis, the fed could not do anything.

But now, when he is out of power, he finally figures out that the existence of banks that are so large and powerful that they can get the government to ensure their profitability might not be good for the free market after all. Good job!