No Big Boy Pants for Banks That Whine Over Rules
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Aug. 2 (Bloomberg) -- Let’s imagine the customers of afinancial firm get word that more than a billion dollars oftheir money is missing. Then, less than a year later, customersof another firm learn that $200 million of their money is gone,too.
If such a sequence of events occurred, it’s likely thatleaders from the industry would be called to appear before agovernment committee. And they would probably say somethinglike: