This and the damage to EXT reputation during TCS and before as the 24/7 promoters of PW needs to be examined in full, only then can it play a role in restoring leadership of the Bank as a whole. EXT has lost credibility with important media sources, and it was regarded as the last place to go for reliable information over the past weeks.

And then there are the integrity issues. Many of them.

Most importantly, who knew what about the Kellems Brazil trip (and other trips), who failed to report it, and who failed to report what reputable sources report was obvious and persistent harrassment of a female Bank staff member? Lots of this was known in the corridors by quite a large group of people involved with the trip, it seems.

But some knew much more than others. Did anyone in EXT know that the staff member was pressured not to file a report? Do they know what are our rules on sexual harrassment?

This is an outrage and it needs full airing. And no, IC, you can't take this down -- this has been in the papers, on all sorts of websites and blogs, and it is one of many issues that needs plain discussion and sorting out.

None of this touches Marwan Muasher, he wasn't even here. He is an interesting man, and able, though he has a lot to learn. But did he get a full briefing on these issues, or did his staff somehow fail to mention it?

He now needs to get to the bottom of it -- who knew what, who covered up what, who failed to report what, and what needs to happen in future if anything similar happens, no matter how powerful the official. And whose careers and SRIs advanced while they looked the other way.