regulatory reporting and technology jobs

As economy slips into depression, there is a destruction in the number of jobs. However, a new set of jobs always emerges. This time, the new set of technology jobs are in the fields of "regulatory reporting"

Citigroup (NYSE:C) and Bank of America(NYSE:BAC) have been nationalized. New York is no longer the US financial capital anymore. For now, it is Washington, D.C. They call the shots w.r.t. dividends paid, executive staffing, etc.  Jobs will be created at two locations:

a. Points of operations - for collecting raw data

b. Points of customer-contact - in Washington DC. "You gotta please your sponsors !" was what a leading Director at Citigroup told me once while I worked for him on an assessment project. 

These opportunities are similar to Sarbanes Oxley Act related requirements. They are short-term in nature. I had expressed this point of view in April last year in the form of a post: paulson creates business opportunities for consulting firms. Diamond Management and Technology Consultants agree with this and came out with a point of view (Jan 2009) much after mine (March 2008). 

How can one prepare for these regulatory requirements related positions? Think about it - it's very obvious from the words: regulatory reporting.