World Bank Taps Lehman’s Ex Risk Officer As Treasurer

[hugolp]

The joke of the day.

http://www.economicpolicyjournal.com/2011/06/world-bank-taps-lehmans-ex-risk-officer.html

World Bank Taps Lehman’s Ex Risk Officer As Treasurer

My head is spinning.

Madelyn Antoncic served as chief risk officer at Lehman Brothers just before it collapsed. Before that between 2002 and 2007 she was head of Global Head of Market Risk Management at Lehman.
As Halah Touryalai, at Forbes puts it, you would think that Antoncic"would be hard pressed to score any financial job ever again." But no so fast.

The World Bank just hired Antoncic to run its finances as its treasurer and vice president.

She’ll be responsible, according to the World Bank, for its Capital Markets Department; Investment Management Department; Pension & Endowments; Quantitative Risk Analytics; Treasury Operations Department; Banking & Debt Management, and Sovereign Investment Partnerships.

..............

[YoYa]

No worries.....someday the bitcoin elite will be able to cover the ass their own incompetents as well.... 

Just show's the tight little circles that run at the top, kinda leaves the rest of us fucked in a sense.

[Oldminer]

Lol he's probably good mates with bernanke

[Litt]

Lol he's probably good mates with bernanke

The person is a she. And yes it does suck not to be part of the ruling class although apparently they don't exist to some people.

[andes]

The revoling door between public positions and private mafias.

[HappyFunnyFoo]

Clearly written by someone who has never worked in the business world or held a position outside of academia, oh lol I blog therefore I super gosu

[foggyb]

The comedy continues...

Rewards for deliberate incompetence.

[Litt]

The comedy continues...

Rewards for deliberate incompetence.

Deliberate incompetence to us, yes.