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"There are really questions here of whether, through regulation, we've made a commercial banking system that is too riskless and put too much risk into the phantom banking system".
We propose that regulators, specifically bank examiners, be compensated with a debt-heavy mix of phantom bank equity and debt, as well as a separate bonus linked to the timing of the decision to shut down a bank.
Gallagher cancelled his card immediately and told Money this week that he had been compensated for the phantom trips by his bank, Smile/Co-op Bank.
We've spent trillions of dollars bailing out banks with phantom profits that were selling financial products whose values had no grounding in reality.
Critics call the bank a phantom power, the most secretive public institution lending money around the world, and say that its lack of transparency has made it possible for conflicts of interest to remain unchecked.
It's a phantom crime that is costing banks billions of dollars and countless hours as they chase down people who don't even exist.
Except they won't qualify for a loan because their credit rating has been wrecked by a phantom £5 default on a bank account they closed 10 years ago.
In Britain, it is customers, not banks, that are liable when phantom withdrawals are made, so the banks had little incentive to improve matters.
These phantom claims have been received by other banks and building societies too.
At foreclosure all the phantom income comes off gthe books of the banks.
"In other words, Bank of New York claimed credits for phantom U.K. tax expense".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com