Financial Times FT.com

Gone by the board? Why bank directors did not spot credit risks

By Francesco Guerrera in New York and Peter Thal Larsen in London

Published: June 25 2008 20:24 | Last updated: June 25 2008 20:24

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The most immediate human cost of the crisis that has torn through the global financial system is apparent even from a casual walk in the streets of downtown Manhattan or the City of London.

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