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| If a bank had stayed away from these products and remained sensible, then there would not have been the huge profits "in the olden days".
I'm fairly sure those very same shareholders (and lawyers) would be demanding new management or compensation because the bank would be underperforming its rivals... | |
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yes shareholders complain .. that's part of the job description
but can you find an example where companies went bankrupt or thousands lost their jobs because a bank earned 1% less than their peers???