If there's a successful effort to write some new rules that favour Wall St and its mess at the expense of home owners, we can stop pretending that the US is anything other bandit country.

Ironically, a huge gladiatorial contest with thousands of hungry lawyers is the best possible outcome, because it's the only thing that could be mistaken for something that looks like accountability.

But I think I'm going to have to bet on the former. Law and order, justice and due process may well be dead concepts in US politics, and once Wall St realises this, things are going to get really ugly.