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by end_of_line 1318 days ago
Frauds are very often hidden or disguised as "bad investments" (yeah banks do mistakes as any other human beings) and covered with money from "slush funds". When they are on vacations, rogue traders cannot cover their intentional bad investments, losses, close warning notifications and so on. More kn this topic here https://www.fdic.gov/news/financial-institution-letters/1995...