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World Bank Watch: Enter The Frist

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  • World Bank Watch: Enter The Frist

    WORLD BANK WATCH: ENTER THE FRIST
    Blake Hounshell

    Foreign Policy
    May 24 2007

    PAUL J. RICHARDS/AFPIn what is likely a trial balloon floated by
    the White House, the Wall Street Journal's Greg Hitt reports that
    former Senate Majority Leader Bill First is on the shortlist to
    be the next president of the World Bank and "is getting especially
    close scrutiny for the job." That's not likely to make too many folks
    happy at the development institution, which is still seething from
    Paul Wolfowitz's tenure. Of course, there's always the possibility
    that the Bush administration is floating Frist's name as a courtesy,
    and that he's not being seriously considered for a job that ought to
    require someone with the brains and experience of a Robert Zoellick
    or Robert Kimmitt.

    A handful of countries-including Brazil, South Korea, China and
    Pakistan-are on record saying that the United States should no longer
    be selecting the Bank's president unilaterally, but it looks like
    the Bush administration is moving fast enough to prevent a broader
    movement from developing.

    If Frist doesn't fit the bill, one possibility is for Bush to nominate
    someone who doesn't sound American, such as his Harvard Business
    School pal Vasken Setrakian, who is of Armenian descent. But I doubt
    many people would be fooled by that.

    http://blog.foreignpolicy.com/node/4886
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