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In America KPMG, the smallest of the Big Four, has eight times the total revenue of Grant Thornton, the biggest of the minor firms, ten times the audit revenue and five times the number of staff.
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Voices in this camp believe that officials are allowing a default by a minor firm as a signal to investors to start pricing risks properly.
So, in 2005, Sofia took a risk and joined Pharmasset, then a minor biotech firm.
Still, Taylor Bean was a minor financial firm based in Florida, and the crimes of Mr. Farkas began well before the crisis struck.
You know the type: obnoxious laugh, calls their mates "besties", works as an junior account manager at a minor PR firm, loves a cheeky fruity cider of a Friday and a naughty takeaway pizza on a Sunday afternoon.
"My commitment to defending the freedoms of women who are minors remains firm.
Still, even minor declines at firms such as Citigroup and Morgan Stanley provide solace for bulge-bracket firms.
An attempt by a Chinese state company to buy a minor American oil firm a decade ago was blocked by Congress on national security grounds.
If a minor but ambitious firm like Salomon Brothers tried to by-pass the managing underwriter and go direct to a client, the underwriter would ostracise it and give it a bad name on Wall Street.
BuzzFeed recently reported that there are plans for an alliance between the firms, and minor U.S. player Flywheel, though SoftBank said it has no immediate plan to link them up, according to a statement given to us last week.
The settlements bear many of the hallmarks of the government's response to the financial crisis so far: The banks neither confirmed nor denied wrongdoing, no individuals were named in the case, and the penalties involved are minor compared to the firms' profits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com