Small, work-from-home loan originators at some credit unions dodged the latest regulatory attempt to force them them to open commercial offices.

Wall Street bankers, however, aren’t as lucky.

According to Nathaniel Popper writing for the New York Times’ Dealbook, the other side of those same regulations mean the Too-Big-to-Fail banks on Wall Street, and the bankers who work there, face stricter pay rules.

Think of the new rule this way:

Small credit union loan officers: 1

Wall Street fat-cat Banksters: 0

At least that’s how it’s playing out in the press.

See related coverage tone and feel:

Huff Po: The Feds Are Finally Cracking Down On Wall Street Bonuses

Business Insider: Wall Street pay has crashed, and now things are getting worse 

[And my personal favorite, because of the stock photo] New York Magazine: Wall Street Executives Won’t Get Bonuses for Crashing the Financial System Anymore

Here's what Dealbook's Popper writes that's most important:

"The new limits on banker bonuses would make the highest-paid employees at the biggest banks wait at least four years to receive parts of their annual pay. If the proposals are completed in the coming months, banks would also have to reclaim bonuses from bankers who take risks that lead to big financial losses."

Wait four years for the bonus? Ouch.

Looks like those Wall Street bankers should consider working from home.