When the fdic studied it they concluded 37% of failed banks had evidence of insider abuse or fraud[0]. They don’t state that the fraud caused the failure and p

When the fdic studied it they concluded 37% of failed banks had evidence of insider abuse or fraud[0]. They don’t state that the fraud caused the failure and perhaps fraud would be harder in a fully reserved bank, but the incidence level is high. [0] https://www.fdic.gov/analysis/cfr/2017/wp2017/cfr-wp2017-06.pdf https://www.fdic.gov/analysis/cfr/2017/wp2017/cfr-wp2017-06....