Its About Time... To Lock-em-up

Finally we are beginning to see some action from the regulators.  FINALLY!

Regulators are looking into various (price fixing, manipulation) activities of the banks.  In particular those activities that have elicited varying degrees of alarm (everything from raised eyebrows to outright shouting) from some people (mostly commentators that had little or no actual power).  For so long there has been nary a whisper or anything more than a "token" investigation of the banking and financial services industry by those in charge of regulation, supervision and enforcement : the regulators like the SEC, CFTC, FINRA, BAFIN, Bankruptcy Courts, even the Fed itself.

Here are some articles:

Jan 17 2014 - Deutsche Bank Exits Gold Price Fixing (ZeroHedge, Reuters)
Jan 16 2014 - Metals Currency Rigging Worse Than Libor (Bloomberg)
Jan 14 2014 - Worried Fed seeks to curb Wall Street Banks commodity trade (Reuters) link
Jan 14 2014 - Fed Sets broad probe of banks' commodity activity (MarketWatch) link

Let hope they are effective.  Else we are all doomed.