Summary
FINANCIAL TIMES John Kay: Few things corrode efficiency and effective markets more insidiously than the discovery it is more profitable to win politicians' favour than customers' approval.
With the idea that some companies are too powerful to fail, the larger they are, the more likely legislators will see political advantage in being helpful.See the full content of this document
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What the Papers Say
WALL STREET JOURNAL
Jurgen Stark (a member of the executive bo...See the full content of this document
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