U.K. Bank Inspectors of 1783 Found Some Familiar Flaws
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Sept. 13 (Bloomberg) -- The recent public outcryover the behavior of the banking industry has led theU.K. government to create a Parliamentary Commission onBanking Standards to investigate the culture of theindustry and report on lessons to be learned.
While they await submissions of evidence, thecommission members might contemplate the outcome of an18th-century inquiry with similar aims. Its object wasthe Bank of England.