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John Lanchester: The Biggest Scandal of All, 4 July 2013
“... are located abroad, mainly in Africa, Asia and the Middle East. (The bank’s founder, James Wilson, also founded the Economist.) In August 2012, the New York State Department of Financial Services – a new regulator, formed in October 2011 to simplify and beef up supervision of finance in the state – accused the bank of running a scheme to ... ”