Martin Vander Weyer Martin Vander Weyer

The unacceptable face of capitalism

Philip Augar has found a snappy title for this forensic examination of the sins of the investment banking fraternity, and a startling figure: $180 billion. That is the amount he reckons the big hitters of Wall Street and the City harvested in the 1980s and ’90s in the form of excessive profits for their firms and excessive remuneration for themselves.

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