Comments on "The bankers' new clothes"

The authors argue that politicians and regulators focus on the public interest and carry out the necessary steps to regulate the banking sector. This opinion is right but we need to consider about its practical values. We can see from history that important industries influencing the politics is very normal. This does not uniquely happens in the banking sector, as we can still remember the Rockefeller's influence on American politics of his era. Therefore, I think that politics is always rational and focuses its attention on the sector where the social resources concentrate.