> the bank does the thing to the best of it's ability
replyNo they don't. At best, they do a cost-effective proxy for what should be done.
Oh, you have no idea. It's not even about costs. In a 200 year old company the level of corporate disfunction and the average skill level of people is something else entirely. Nothing ever happens unless the regulator holds a blowtorch wired to a timer to the CEO's ass.
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