Familiarity breeds honesty ...

... You can learn a lot at a little pharmacy - FT.com. (Hat tip, Vikram Johri.)

... as the grandson of a proper storekeeper, I would like to suggest that this case also raises questions about the basic business acumen of today’s banking elite. Maybe I’m just small minded, or small time, but it strikes me that if some kid with a few years of back office experience knows more about running the cash register than you, you are cruising for a bruising – in the P&L sense.