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Lehman Lesson Lost as Bank Lobby Gains Clout, Reinfeldt Says

Sweden’s Prime Minister Fredrik Reinfeldt said the world risks forgetting the lessons of the financial crisis as the bank lobby gains dominance.

Regulators “have listened too much to banks and others who argue that if you try to do something like this we won’t be able to conduct a banking business,” the 48-year-old said in an interview last week at his Rosenbad office in Stockholm.