Peak Financial Scandal? History Says Not

Read the following excerpt from a Financial Times article and then answer a recall question.

"PEAK FINANCIAL SCANDAL? HISTORY SAYS NOT" BY JULIAN TETT, JANUARY $9,2019$

It is worth considering a question: is the number of financial scandals increasing?

If you were to ask ordinary investors, many might say "yes". $...$ the past decade has delivered a litany of scandals, ran revelations of accounting irregularities at British companies such as Carillion and Patisserie Valerie to Toshiba in Japan i forget the uncovering of the Bernie Madoff investment swindle, Libor manipulation and subprime mortgage scandals bef But Steve Toms, a professor of accounting at Leeds University, suggests that this perception of frequency isn't entirely cc the history of financial scandals in a systematic way, cataloguing examples from $1800$ to $2009.$ His research $...$ confirms $t$ reported financial frauds in the US and UK has indeed escalated since the late $1970$ s$,$ but that this rise came after a long you want to find the most consistently scandal$-$plagued period in history, Toms argues, the $19$th century beats present$-$day