I've never really been amenable to simple moral plays, the contrarian in me says they hide more than they obscure.

It's moving and feels true, I have a particular dislike for credit card processing, but when I stop myself, I cannot think of a single practical example of how credit card processing has tightened rather than loosened over time. Separately, despite despising the ex. absurdity of AmEx getting 5% of the restaurant check because they pay off their customers, their profit seems attributable and proportionate to the credit risk taken on, there aren't really signs of significant market power

Fwiw I don't mean like visa MasterCard, I mean like Citibank, Deutsche. Basically anyone who would have been in headlines in 2008 or has custodial responsibilities for $X00 billion.