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McKinsey Clients Shrugged at Scandals, Ignored Greed

McKinsey & Co., the global fix-it firm for companies and governments, labored in Tanzania in the late 1960s and charged fees so high that they merited a line item in the country’s budget, according to “The Firm: The Story of McKinsey and Its Secret Influence on American Business.”

Hard-core capitalists might consider McKinsey’s big bills and say hooray for the free market. Demand a price the market will bear and all that.