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What is the Dukes of Moral Hazard?The term 'dukes of moral hazard' describes any leaders of organisations who are ultimately sheltered from their risk-taking by being given support from a lender of last resort when everything goes completely wrong. Did you see the Dukes of Moral Hazard last night? They bailed into their cars through the windows again! the Dukes of Moral Hazard - video |
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