I do understand that profits can drive people to hurt others. The problem is in this country, those who engage in those practices get "bailouts" off the backs of you and me. The profits are all "privatized", but the risk is made "public". That is not a free market. It also doesn't detract from my position that the "Law" should protect people against things like theft, violence, and enslavement.
It's not likely I'm going to be convinced hat we are underegulated in this country. Hearing Romney not acknowledging the role regulation has played in this countries demise is very disheratening.