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HBOS: “After the ship has run aground, many.. still seem so keen to congratulate themselves on their navigational skills"

Business quote of the day.

New Statesman
Photograph: Getty Images

Today’s damning report into the downfall of HBOS by the Parliamentary Commission on Banking Standards
 
“After the ship has run aground, many of those who were on the bridge still seem so keen to congratulate themselves on their collective navigational skills."