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In the Spring of 2008, Stephen Green, the then-Chairman of HSBC, penned his early reflections on the unfolding cataclysm later called the Financial Crisis. "There has been a massive breakdown of trust: trust in the financial system, trust in bankers, trust in business, trust in business leaders, trust in politicians, trust in the media, trust in the whole process of globalization – all have been severely damaged, in rich countries and in poor countries alike."

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