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Disziplin, bitte

23 June 2003 By Hugo Dixon

Sengera and other directors who oversaw Robin Saunders, the flamboyant Londonbased financier, deserve blame for the banks’ lax controls. But WestLB’s problems go deeper. They are a microcosm for Germany’s unaccountable Landesbank sector. It needs a catharsis.

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