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Margareta Pagano: The unknighting of Fred Goodwin can only be redeemed by genuine reform

Stripping Fred Goodwin of his title was unquestionably a piece of political theatre, one callously contrived to appease the public supposedly howling for bankers’ blood … After a three-year study into the causes of and lessons of the financial crash, Mazzucato and her team published the final Finnov report last week.

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