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Bank Bashers Will Regret Their Zeal

Banks are taking a beating from every quarter. They are fined billions of dollars by national and international regulators because their traders manipulated this or that market indicator. They are slapped with hundreds of millions of dollars in penalties for deceptive practices in selling insurance. They are told to delever, pressured to cut bonuses and cap salaries.

via Bank Bashers Will Regret Their Zeal  – Bloomberg.

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