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Were the regulators merely incompetent or were they compromised?



Compromised by a looming high-salary job at Wirecard

Edit: downvoters should note this happens all the time, as in regulators getting high-level positions in their former ”client base”


Not sure why parent is getting downvoted, unless this really does not happen in Germany. Regulators getting jobs at the very companies they were supposed to regulate is common enough that it has a name:

https://en.wikipedia.org/wiki/Revolving_door_(politics)




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