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By Paul Sandle LONDON (Reuters) - Retail tycoon Philip Green's greed and disregard for corporate governance led to the demise of BHS and the loss of 11,000 jobs, a joint parliamentary committee said, calling the collapse of the British stores group "the unacceptable face of capitalism." Billionaire Green owned BHS for 15 years before he sold the loss-making chain of 180 stores to Dominic Chappell, a serial bankrupt with no retail experience, for one pound last year. The business was sold with a 571-million-pound hole in its pension fund, which if not rectified will leave 20,000 pensioners facing significant reductions to their income. "(Green's) rush to drive through the sale of BHS - a chain that had become a financial millstone and threatened his reputation - was the culmination of a sorry litany of failures of corporate governance and greed," said the Work and Pensions and Business Committees in a statement on Monday.