Financial Regulation

Reading various articles, it seems like one thing both right and left agree on is that they are pissed at the idea of "too big to fail" banks that require taxpayer money to prop up. 

Regardless of how left and right want to resolve the current crisis, you'd think they could sit down and figure out a way to avoid this in the future.

Maybe putting Glass Steagal* back into effect? 

Though I wonder about that...would that have stopped Fannie Mae, Freddie Mac, Bear Stearns, Lehman Brothers, or AIG's problems? Did it stop the Savings and Loan crisis? Could it stop hedge funds? 

Maybe simply capping the size of a financial institution?

Maybe this is not as easy as it sounds...but it seems an area of actual agreement between both parties.

*Except this time call it the Steven Seagal Act "Be prudent or I will kick your ass in a mystical Asian way" act.