Breaking the bank (part 2)

thenextwave

The Barclays story is an example of what happens when an organisation’s ‘Core Group’ turns malign

In my last post I wrote about how Art Kleiner’s idea of the Core Group helped us to understand Barclay’s recent history. In this post I am going to develop this idea. If Bob Diamond survived in his position despite his division breaching the rules in 1998 because he’d become a member of the Core Group, we still need to understand why. In the rest of this post I am going to go further into the history.

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