What a scoop! Banks engage in unethical business practices? But I thought they were charitable institutions, for heaven's sake.
It's not like their greed has ever caused a global financial crisis.
It's not like their greed has ever caused a global financial crisis.
Besides, if you know economics even a little bit you know that there are 2 sets of accounting rules : one for banks, one for everyone else. No bank can satisfy the normal rules for solvency, so they simply don't apply to them. Banks can't exist without government backing, even in individual cases of small banks.
Yes this is the banks' doing. But ... the government is not the solution, sadly.
Off topic, but does anyone know the (pre Mr. Robot) origin of that?