A view from the States on the Co-operative Bank/Group affair

There may be some who read this blog, particularly from the UK, who would prefer not to be reminded of the Co-operative Bank and Co=operative Group meltdown of 2013-2014. However it is important that the lessons from this affair are properly learned, both by the coop movement in Britain and elsewhere in the world.

A useful aide memoire of the whole sorry business, including key dates and events, has just been written by US-based coop writer David J. Thompson in the magazine Cooperative Grocer.  It’s worth a read.

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