LBO web updates

Doug Henwood dhenwood at panix.com
Sun May 31 09:09:08 PDT 1998


Brad De Long wrote:


>Re: Asia Melts...
>
>"At a press conference in 1995, when WBAI/Pacifica reporter Amy Goodman
>asked World Bank president James Wolfensohn if the Bank was going to make
>loans to Indonesia conditional on ending human rights violations, the smart
>and worldly Wolfensohn said, incredibly, that it was the first he'd heard
>of them."
>
>Remarkable.
>
>Absolutely remarkable.
>
>And the White House picked Wolfensohn as its World Bank candidate over...
>other people... because they said that it was important that the World Bank
>President not be an ivory-tower intellectual but instead have wide-ranging
>practical experience with the real world...
>
>Do you have a copy of the transcript?

No, I was there watching it all, scribbling notes, but I don't have a transcript. Maybe the WB does -it was Wolfie's major press conference at the annual meetings that year. Wolfie said he'd have someone look into it.

But you don't really believe Wolfie's claims of ignorance, do you? This guy used to run the London office of Schroders, for several decades the CIA's private bank.

Doug



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