Archbishop-Elect of Canterbury: Virtue, Vice and Banks

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Jan. 11 (Bloomberg) -- Late one night 20 years ago, when Iwas an oil executive rather than an Anglican bishop, I had runout of steam and patience toward the end of a complexmultinational acquisition. We came to yet another bit of boxticking and I suggested we skip it, because we knew the materialwas accurate.

“Justin,” our wise investment-bank director said quietly,“you know that’s not how we do it.”