Isn’t it time we said that the world’s major banks were systemically corrupt?

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This comes from one of this morning's FT emails:

Screen shot 2013-10-30 at 06.14.11

Isn't it just time we recognised that the world's major banks were systemically corrupt? Why not say it? It seems glaringly obviously true and to admit it would then let us go forward in ways where we did not have to still presume that they are the masters of universe - which very clearly they have no right to be.


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