At the local level, parental responsibility now includes the task of holding corporations responsible for the foods foisted on children, an important new permutation of the old notion of in loco parentis.

NPR: Rabid Reader: 'Fat Land' and U.S. Supersizing

All of which is perhaps to point out that the terms of the debate about how to sanitise the bloated financial system have been set by a regulatory community whose legitimacy should perhaps have been destroyed but which still seems (amazingly?) to be in loco parentis.

BBC: If banks are treated as naughty kids...