This would bring closure, and hopefully move us past the alternative of never-ending scandals and fines. And if you think things have changed, just consider the latest scandal: the thousands of Wells Fargo employees who opened millions of fake accounts in the names of real customers, just to meet unrealistic sales goals. It is more evidence that bad incentives are rampant in the financial industry and top executives either look the other way or that they don’t know what’s going on in the companies they run -- a sign, if nothing else, that big banks are too big to manage.  

Justice has not yet been served. The time left to see it done is almost over, with less than two years remaining on the longest statutes of limitations. I am not holding my breath.

This column was provided by Bloomberg News.

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