An anonymous source has taken the trouble to do a line by line analysis of the ED’s statement. Conclusion: it’s not as bad as you may think… Continue reading →

The staff of the bank are angry and rightly so. Here is the official reaction of the staff association to the board announcement: Continue reading →

From the well known DC gossip site wonkette.com: “According to the Board, “blah blah acted ethically and in good faith blah blah we’ll all miss him etc etc.”

So, I’m just beginning to look over the communiques from the Board and from Wolfowitz. There are a number of problems/unanswered questions. I’ll begin with those I see and ask for more in the comments. Continue reading →