Richard Wright said:I don't know which specific institution we're talking about, but at one of the top six or seven major banks, it’s incredibly difficult. Sure, someone might pull it off once, but then you're facing consequences far greater than whatever petty cash you managed to skim...
Well, look at it this way: you see a potential disaster if things go south, but someone else just sees a golden opportunity to turn a profit.
We've seen scandals involving JPMorgan Chase enough times to know how it goes...
Last year, I think it was somewhere out in Florida, and a few years back, there were those cases where executives went rogue on embezzlement because they simply didn't know when to stop.
And besides, what about the ones who actually got away with it?
People do all sorts of shady things...
Though, based on what’s being shared here, the point about big banks holds some water—they're still under the watchful eye of federal regulators most of the time.