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Sometimes I have compared myself with a scientist or something: when you discover something and you don't expect the whole world to understand it. I always thought I was doing that kind of activity, in art and in music too.
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Daniele Nouy
The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.
