Semi-Daily Journal Archive

The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.

Friday, January 20, 2006

Why Oh Why Can't We Have a Better Press Corps? (Yet Another Washington Post Edition)

We all remember when Sebastian Mallaby wrote an editorial for the Washington Post saying that anyone who valued the World Bank as an institution should shut up and stop complaining about Bush's nomination of Wolfowitz to be its president, don't we?

Well now Steve Clemons says that the word is that Paul Wolfowitz is as lousy as president of the World Bank as he was a deputy secretary of Defense:

The Washington Note : Paul Wolfowitz, architect of America's failing foray into Iraq as Rumsfeld's former Deputy at the Pentagon, now heads the World Bank and finally seems like his true self is coming out of the closet. In recent months, picking up steam in recent weeks, there has been a massive exodus of top talent from the World Bank. According to reports, the senior Ethics Officer at the Bank has departed. Also on the exit roster are the Vice President for East Asia & Pacific, the Chief Legal Counsel, the Bank's top Managing Director, the Director of Institutional Integrity (which monitors internal and external corruption), the Vice President for Environmentally and Socially Sustainable Development, and the head of ISG (Information Solutions Group).

According to one senior insider who feels as if Wolfowitz is gut-punching the most talented teams at the bank and indicated that morale is plummeting...

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