We were seeing the same mismatch between the regulatory regimes that were in place and er … pause [I’VE LOST MY TRAIN OF THOUGHT AGAIN] … the highly integrated, er, global capital markets that have emerged … pause [I’M REALLY WINGING IT NOW]. So at this point, I’m less interested in … pause [YOU] … identifying blame than fixing the problem. I think we’ve taken some very aggressive steps in the United States to do so, not just responding to the immediate crisis, ensuring banks are adequately capitalised, er, dealing with the enormous, er … pause [WHY DIDN’T I QUIT WHILE I WAS AHEAD?] …

Mark Steyn theorizes on the motive behind this new clarity.

It makes an instructive contrast with the hopeychangey sob-sisters of the US media, and one that may not be unrelated to the latter’s impending rendezvous with destiny.