CRE's outgoing chairman, Sir Herman Ouseley, whose seven-year period in office coincided with the Lawrence affair, is critical of the government for failing to seize the moment for fundamental change provided by the nationwide shock at the revelations contained in the Macpherson report.
Many Democrats - even some of her closest supporters - believe Mrs Clinton mishandled the moment on Tuesday evening, by failing to acknowledge Barack Obama's historic win.
And at a moment when our confidence in our own resourcefulness is so battered, our public and private institutions are failing to meet our expectations.
So maybe FDIC chairman Sheila Bair and the authors of Dodd-Frank were right about one thing: Perhaps their new process for resolving failing giants really will discourage some people from lending to the biggest banks but only at the worst possible moment.