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In response to "Looks like Barclays and Deutsche Bank were manipulating currency rates in their platforms to take advantage of customers. -- (link)" by spamlet

How many banking scandals are we up to now (not counting bailouts and bad business decisions)? I'm counting...

Posted by Roger More (aka rogermore) Dec 11 '14, 14:03

forex - Barclays, Deutsche, etc
LIBOR - Barclays, etc
Iran sanctions - HSBC, BNP
US tax evasion - Credit Suisse
selling dud mortgage-backed securities - basically every big American bank
foreclosures - every big American bank

Responses:

Governments are no match to how fast bankers "innovate" ways to separate ordinary people from their money -- nm - con_carne Dec 11, 14:06 1
- Government seem to be doing OK at catching (and fining, but not prosecuting) wrongdoers. My point is really that there's something wrong with banking - Roger More Dec 11, 14:13

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How many banking scandals are we up to now (not counting bailouts and bad business decisions)? I'm counting...

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