IMF Board Response to Lagarde Conviction Reaffirms Institutional Indifference to Corruption

NEP’s Bill Black appears on The Real News Network. Topic of discussion is how the Legarde case reveals how power and money protect the elite. You can view the video below. If you wish to see a transcript, you can view it here.

2 Responses to IMF Board Response to Lagarde Conviction Reaffirms Institutional Indifference to Corruption

  1. Have you ever seen the IMF and Workd Bank salaries and pensions ? I was told none even pay income tax either. Is that true ?

  2. Dr. Black’s leadership on the subject of the corruption of the elite leaders of what is generally called internatonal finance but being more accurately the self-serving global monetary literati, is appreciated beyond measure.

    By exposing their corrupt identity we witness that which le point un porcient cannot escape, the stench of their ‘untouchable’ air, such as to lead many to question whether any confidence or trust can be given to such institutions and especially their present greedy management.

    Remember these are private arrangements among international ‘purveyors’ of the debt that is needed to keep our
    economies operational.
    This is the world order from which a new relationship must indeed be forged.
    For good reason.

    Thank you Dr. Black.