May 31, 2011

the latest from the IMF

Dominique Strauss-Kahn isn't the only news coming out of the IMF. This article appeared in NY Times, May 29, 2011. And it begins,
At the International Monetary Fund, there is one set of ethics guidelines for the rank-and-file staff and another for the 24 elite executive directors who oversee the powerful organization.
Over the last four years, the fund has tightened internal systems for catching ethical misconduct among its 2,400 staff members, establishing a telephone hot line for complaints like harassment; publishing details of complaints in an annual report; and empowering an ethics adviser to pursue allegations, which last year led to at least one dismissal.
But the fund’s board members remain largely above these controls. The ethics adviser, for example, is not able to investigate any of them. 


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