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Bank staff "feel like at a funeral".
Another Bank staff member has been in touch. They comment: "the mood here in the bank in the last 2 days is one of shock and disgust. It feels like a funeral here. From a public relations point of view, this is a disaster. It took years for us to disassociate the bank from the bad old days of being on a leach for the US and the days of Bob McNamara, now we are in a worst position ever by being the tool of not even the US as a whole, but neo-conservatism." "People are arguing how can we now credibly present the bank to our clients, specially since many poor countries we deal with are in the Islamic world or with significant Muslim populations." "Many staff are privately talking about resigning or, if they are lucky, retiring." More such views were expressed yesterday here and on our web forum. Alex Wilks ~ March 18, 2005
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