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Wolf bites Wolf. Senior columnist and ex-World Banker Martin Wolf bares his teeth in the Financial Times. The victims? Both Paul Wolfowitz and the ministers who left Washington without taking a clear decision. Wolf’s cutting points: “The moral authority of the bank is in the dust. Only one decent outcome of this tragically unnecessary affair exists. The cause on which so many rightly agree is bigger than the fate of one man”. “I agree with Mr Wolfowitz that fighting corruption matters. But the institution must lead by example. Using his office to obtain what seems an extraordinarily favourable deal for his girlfriend is not, by the standards of our world, more than a venial sin. But his position as leader of the world’s most important multilateral development institution and, above all, one dedicated to the fight against corruption makes it so.” “Similarly, the pretence of ministers that a board whose members they appoint is free to act on its own is not the gravest imaginable failure in governance”. Alex Wilks ~ April 18, 2007
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May 2007 |
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