The logo of commodities trader Glencore is pictured in front of the company's headquarters in the Swiss town of Baar in this November 20, 2012 file photo. Shares in mining and trading company Glencore fell almost 30 percent and closed at a record low on Monday over concerns it is not doing enough to cut its debt to withstand a prolonged fall in global metals prices. About 3.5 billion pounds ($5.33 billion) in market value was wiped off the Swiss-based firm, whose $10 billion share offering in 2011 turned its managers into billionaire shareholders but left it saddled with debt - a growing problem as commodity prices fell.   REUTERS/Arnd Wiegmann/Files
The logo of commodities trader Glencore is pictured in front of the company's headquarters in the Swiss town of Baar in this November 20, 2012 file photo. Shares in mining and trading company Glencore fell almost 30 percent and closed at a record low on Monday over concerns it is not doing enough to cut its debt to withstand a prolonged fall in global metals prices. About 3.5 billion pounds ($5.33 billion) in market value was wiped off the Swiss-based firm, whose $10 billion share offering in 2011 turned its managers into billionaire shareholders but left it saddled with debt - a growing problem as commodity prices fell. REUTERS/Arnd Wiegmann/Files

Financial Times perspective: Glencore – crime probe provision marks break with colourful history

For a time, Glencore chose to turn its back on its colourful history. Now newish boss Gary Nagle is attempting to recognise and atone for that past.
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