Heini Staudinger is hardly a household name in Europe. But the Austrian entrepreneur has been making an awful lot of noise recently about what he regards as the abuse of the Austrian banking industry’s control of the market. Not shy of hyperbole, he thundered recently on his website that “the monopoly of the banks is a danger to our democracy”.
At issue is Staudinger’s recourse to friends, family and business connections as a source of funding.
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