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Big banks have been subject to a lot of scrutiny after the global financial meltdown in 2008. During the crisis, banks remained huge and posed systemic risks that were large enough to take down the entire financial system and eventually the economy. The question that is very important is whether pleading guilty to manipulation solves the problem that big banks face. The bitter truth remains that the big bank theory leads to bigger scams and if found guilty, leads to bigger fines but nothing really changes. The increased evidence of unethical behavior in the banking system is just a small chapter in the history of many banking scandals.
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