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Quote by Hendrith Smith

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Essays on The Banking Industry

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Hendrith Smith

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“The more I ponder, I wonder if this isn't a searing, modern example of the peasants' historic inclination to doff their caps and tug their forelocks. To take their punishment and to remain silent. The banks tell us to believe the hype, the spin, to praise their brilliance and sophistication. They're smart because they say they are - and we accept they are because they say they are.”