We analyze the spectral structure of the one dimensional quantum mechanical
system with point interaction, which is known to be parametrized by the group
U(2). Based on the classification of the interactions in terms of symmetries,
we show, on a general ground, how the fermion-boson duality and the spectral
anholonomy recently discovered can arise. A vital role is played by a hidden
su(2) formed by a certain set of discrete transformations, which becomes a
symmetry if the point interaction belongs to a distinguished U(1) subfamily in
which all states are doubly degenerate. Within the U(1), there is a particular
interaction which admits the interpretation of the system as a supersymmetric
Witten model.Comment: 47 pages, 5 figures (with 7 EPS files); corrected typo