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Back then we gave it our all, we neither lied nor made mistakes, we didn't fail and didn't do anything wrong. It's just that...TIME has passed and changed it all. ↗
It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion. ↗
