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Overpaid and Unaccountable

A Long Time In Finance

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Intro

The chapter delves into the author's latest work, The Unaccountability Machine, dissecting the reasons behind major systems' poor decision-making and lack of individual accountability. Through real-life instances like the Royal Bank of Scotland and the LIBOR scandal, the author highlights how organizations can unintentionally foster criminal behavior, leading to a critique of current societal and managerial practices.

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