"The bank failed because of what the Federal Reserve was doing with interest rates, and lax regulation"

Oh, Wow, great perspective. It's not because the bank decided to invest in equities securities at a bad time, going out a bit longer than most pundits on TV even advised (\sarcasm off). {corrected my reply}

This is why opinions are like fish; they go bad when they sit in the house too long. I love a good mixed metaphor.