These restrictions are just another manifestation of the failed mixed economy. We’ve prevented banks that messed up big time from going under (thereby also failing to reward the banks that didn’t mess up). So presumably we want these banks we’re now the part-owners of to succeed. Now we decide that we won’t pay the wages the most talented staff–exactly who you need to make the banks succeed–deserve and require. Essentially, we’ve decided to staff nationalized banks with highly-paid civil servants, and we’re going to regulate them more tightly too, presumably with more box-checking rules. What Wall Street really needed was a realignment of risk and reward so that those who failed suffered and those who succeeded prospered. Instead, we’ve decided to eliminate both prospects and turned the financial world into Amtrak.