1984: Thread

grarpamp grarpamp at gmail.com
Mon Sep 20 16:13:38 PDT 2021


World Bank Abandons 'Doing Business' Report After Probe Finds IMF Boss
Cheated China's Ranking Higher
Bloomberg reports that International Monetary Fund Managing Director
Kristalina Georgieva was cited by the World Bank in the probe....
    “The changes to China’s data in Doing Business 2018 appear to be
the product of two distinct types of pressure applied by bank
leadership on the Doing Business team,” the World Bank said in a
report Thursday.
    The bank cited “pressure applied by CEO Georgieva and her advisor,
Mr. Djankov, to make specific changes to China’s data points in an
effort to increase its ranking at precisely the same time the country
was expected to play a key role in the bank’s capital increase
campaign.”
Georgieva served as chief executive officer of the World Bank prior to
moving to head the IMF.
How does she keep her job after this?
is there any institution left that is not corrupt?
and one more question: is every elite in China's pocket?


Multiple Federal Reserve Board Members investigated...
On social media, users mocked the news as potentially damning for the
central bank's credibility, since even the appearance of potential
corruption is enough to destroy trust in a public institution, even if
Powell & Co. continue to deny that their finances have now sway over
policy. None of them have placed their money in blind trusts, which
are considered the gold standard for dispelling conflicts of interest.


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