Jonathan Weil has written an interesting tongue in cheek article saying that banks need to be treated more like restaurants which have regular inspections with the grades available to the public. It is an interesting point. Banks are evaluated, of course. The rating scale, if I understand the article, is called a “camels” scale (capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk). The problem is that the rating is kept secret from the public. This article is simply recommending we stop protecting banks from public scrutiny. Why should we be able to find out that a Thai Restaurant has dirty tables, but not that our bank is making dirty deals?