Companies and investors hardly need more bureaucrats looking over their shoulders trying to guess what they are doing right or wrong. They need room to maneuver so they can adjust or change their strategies as quickly as possible whenever there is new information about what is happening to demand, competition and credit. Nothing is more dangerous than going too far in the search for safety, because that may lead to regulations that block the best paths of action in a crisis.

From “Financial Fiasco” by Johan Norberg