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Light Bulb

If anyone could get Robert Diamond, the former CEO of Barclays, to explain the Libor-fixing scandal to a British parliamentary panel on Wednesday, it was Andrea Leadsom, a Conservative member and a former Barclays banker. Although their interchange generated some heat, it didn’t yield enough light.

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Wall Street's latest takeover: Charity boards

Financiers and Wall Streeters like to tout their charitable giving. From the Robin Hood Foundation to the Goldman Sachs' charitable ventures, the titans of finance represent one of the most potent forces in philanthropy and give away billions every year.