Let’s consider Kate
John Lanchester: Can we tame the banks?, 18 July 2013
“... fact, in many cases (‘often the opposite’), been lavishly rewarded. There exists in the City a North Korean-sounding entity called the Approved Persons Regime, which is supposed to monitor and establish standards for senior bankers, but which has instead ‘created a largely illusory impression of regulatory control over individuals, while meaningful ... ”