Great analogy, Titanic indeed. But a better analogy might be how someone stole the binoculars before they left port. Not to mention all the other shit designed to escape regulation (e.g. derivatives). Our ship is designed to sink, and the passengers in steerage are expected to bail. Note: https://medium.com/@daneke/wanking-versus-banking-self-regulation-and-financial-suicide-ec371b418129