Do As I Say, Not As I Do

I shouldn't be shocked. But seriously, is this Philipp Hildebrand stuff for real? I had to read this little snippet out of The Economist twice: The Swiss National Bank published its internal regulations on staff transactions to try to dampen allegations swirling in the Swiss media that Philipp Hildebrand, the central bank's president, and his wife acted wrongly by buying dollars prior to the SNB setting a ceiling for the Swiss franc last year. The SNB also published the results of an investigation into the trades, which found that the transactions did not breach SNB rules [my emphasis]. It turns...

I shouldn't be shocked. But seriously, is this Philipp Hildebrand stuff for real? I had to read this little snippet out of The Economist twice:

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