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Everybody hates big bangs, it seems. But financial institutions of all sizes disappoint depositors, taxpayers and communities for various reasons. Because they are so vital to the economy banks face daily challenges from criminal entities that continue to look for weaknesses in the international financial system. Both greed and the difficult economy have caused individuals (bankers and their clients) to rationalize attempts at illegal activity such as engaging in trade with high-risk countries, major rate manipulation and money laundering. It’s more about the sale and less about risk management. This is a recipe for failure and public disappointment. To fix the problem bankruptcy laws need some tweaking to protect taxpayers from bailing out big banks when they fail, period. But it is up to a bank’s board of directors and executive management to place strong emphasis on maintaining compliance with regulations, by training their employees annually on adhering to policies, procedures and protocols of bank operations and risk management. Did you say break up big banks? Wait a second. It is more practical for banks to train their employees on regulations and their consequences than to break them up even if Sandy Weill, the Ex Citigroup CEO, supports the idea. He said so on July 25, 2012 while speaking on U.S. CNBC’s Squawk Box. Mr. Weill aggressively built Citigroup into a behemoth comprised of retail and investment banking. How bank employees understand regulations and the consequences for non-compliance is the first step to filling the accountability gap in the banking system. It’s an opportunity not to pass up.