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The Problem with the Profit Motive in Finance

Harvard Business Review

has a new "white paper" out with the rah rah title, " Financial Services: Safer & Stronger in 2012." Banks have developed fortress balance sheets, improving credit quality by 54 percent, increasing net income and, restoring aggregate lending to pre-crisis levels of nearly $7 trillion. . • The largest U.S. The largest U.S.

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