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Such links make regulators worry about banks' ability to stay financed, The Journal notes.
France provides an illustration of the cozy relationships that make regulators suspicious.
The good ideas that might well have prevented the last crisis, however, can make regulators dangerously overconfident about being able to predict and prevent the next one.
Their scale and the dizzying variety and opacity of their strategies make regulators worry that, should a hedge fund implode, it could damage the whole financial system.
"It's just a game they are playing for marketing purposes and to make regulators feel better," he said of the Acxiom project.
The LR case will make regulators warier of digital-money innovations such as Bitcoin.The case highlights how hard it is to track such operations.
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The economic crisis and climate change may be making regulators wary of implementing more regulation, for fear of increasing the burden on industry.
Vaccaro's ideals, however noble, paled next to a recent history that made regulators nervous.
But its willingness to decide it knows best has made regulators nervous about saying anything that might offend the judges.
To halt the exodus, WaMu raised interest rates on certificates of deposit to unusually high levels, which made regulators even more nervous.
In October, it proposed a regulatory reform that dropped the contentious idea of making regulators' tenure coincide with the president's.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com