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Study of financial fossils will show failure to adapt led to extinction

Comment: One thousand years from now, scientists will understand why global investment banks died out

The dinosaurs of banking will die out because of an inability to adapt to changes in their environment
The dinosaurs of banking will die out because of an inability to adapt to changes in their environment Photo: iStockPhoto

From The Times, April 25, 3016: A group of dinosaurs would have become extinct even without the disaster that occurred at the beginning of the third millennium, according to new research.

Palaeontologists at the University of Reading believe that the dinosaurs - known as global investment banks - would have died out anyway due to an inability to adapt to changes in their environment.

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