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Banking Industry: How to Buy Friends and Alienate People

Posted on July 05, 2009

By Simon JohnsonThe banking industry is exceeding all expectations. The biggest players are raking in profits and planning much higher compensation so far this year, on the back of increased market share (wouldn t you like two of your major competitors to go out of business?). And banks in general are managing to project widely a completely negative attitude towards all attempts to protect consumers....

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