End This Shadow Lender’s Toxic Culture by Splitting It Up
Road construction takes place near the IL&FS building in Mumbai. (Photographer: Abhijit Bhatlekar/Bloomberg News)

End This Shadow Lender’s Toxic Culture by Splitting It Up

(Bloomberg Opinion) -- The $12.8 billion bankruptcy of shadow lender Infrastructure Leasing & Financial Services Ltd. is starting to offer a glimmer of hope.
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