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    Lagarde MD of IMF uses her speech to Davos World Economic Forum to attack the gap between the rich and poor.

    She told the audience Bankers pay had to be cut to close the gap between the rich and poor as the

    excessive inequality is corrosive to economic growth and corrosive to society.

    She added a warning that the necessary reforms of the multinational Banking sector,which

    plunged the western world into recession in 2008 / 9 was watered down by Industrial Lobbying.

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