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FT's web of bureaucracy

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Business Standard
Last Updated : Aug 31 2013 | 11:31 PM IST
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The Financial Technologies group, in the eye of a storm with the payment crisis at National Spot Exchange, had over the years become a refuge for many ex-bureaucrats and former regulators. It was a win-win as the group, whose exchange businesses were highly susceptible to policy changes, gained from the understanding and connections of the former bureaucrats, who themselves got an opportunity to put their retirement years to good use. Here are some of the prominent such FT recruits among many.

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First Published: Aug 31 2013 | 9:13 PM IST

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