Florida Banned Some Banks

(bloomberg.com)

3 points | by ioblomov5 hours ago

2 comments

  • quantified4 hours ago
    It is in the financial interest of the regulators to ensure that the level of actual fraud going on is greater than zero, because then they can collect fines. Just not "too much" fraud, then it's more bad for constituents. Of course, that's like saying you have an interest in ants or crabgrass, they thrive regardless of your "regulatory" efforts.