5 costly scandals in the financial industry: 2019

Slideshow November 20, 2019 at 01:01 AM
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Of course scandals are costly, as a perusal of the news in 2019 shows. And they create long-term, non-monetary costs as well --  loss of respect, reputation, trust, and more. When things go very wrong as a result of behaviors, procedures, or attitudes, there is great loss -- but also the potential to prompt change. Will these scandals do so?