Not all american banks. This example is pretty spectacular:
<a href="http:&#x2F;&#x2F;www.ft.com&#x2F;cms&#x2F;s&#x2F;0&#x2F;4988f704-40a4-11e2-aafa-00144feabdc0.html" rel="nofollow">http:&#x2F;&#x2F;www.ft.com&#x2F;cms&#x2F;s&#x2F;0&#x2F;4988f704-40a4-11e2-aafa-00144feabd...</a><p>This is a fraud nearly as bad as Kerviel, and happening at about the same time ($8bn unauthorised position), and where Goldman quietly fired the trader and did not report the fraud, which enabled the trader to work at another bank. And for that Goldman was given a mega-fine of.....  $1.5m.<p>It helps to have friends.