The Real Reason That Big Banks Have So Many Scandals

This spring has seen a veritable festival of revelations of illegal, stupid, and dishonest behavior by some of the largest banks in the world. There's the massive trading loss at JPMorgan, originally quoted at $2 billion, now up to $5.8 billion at latest count. There's the laundering of drug and terrorism money by HSBC. And, most spectacularly, there are the admissions of LIBOR-rigging at Barclays, and ongoing investigations at many other banks. 

http://finance.yahoo.com/news/real-reason-big-banks-many-130105614.html