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2 of the world’s biggest banks could soon face federal charges

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KP Whaley, Wisconsin Public Radio

An ongoing federal investigation is close to culminating in criminal charges against some of the world’s biggest banks, which could produce the first guilty plea from a major bank in more than two decades. 

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Ben Protess, a reporter for the New York Times's DealBook, says that such a development would challenge the popular belief that Wall Street institutions have grown too important to the economy to ever be charged.

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