Notes on a Scandal
How ethical are Paul Wolfowitz's detractors?
BY BRET STEPHENS
"Meet Dennis de Tray. In the summer of 1998, the University of Chicago-trained economist had his 15 minutes of fame when, as director of the World Bank's mission in Indonesia, he was called by The Wall Street Journal to account for the bank's performance amid that country's economic collapse. After 30 years and $25 billion of loans to the Suharto dictatorship, it turned out that 'World Bank officials knew corruption in bank-funded projects was common, but never commissioned any broad reports tracking how much money was lost to it,' according to Journal reporters Marcus Brauchli and Jay Solomon.
Why the relative indifference to the problem? Because, as Mr. de Tray explained at the time, 'there is a trade-off between, shall we say, being pure and helping people,' and also because 'sometimes calling a spade a spade is not the best way' when it comes to confronting corruption.
Had matters rested......."
BY BRET STEPHENS
"Meet Dennis de Tray. In the summer of 1998, the University of Chicago-trained economist had his 15 minutes of fame when, as director of the World Bank's mission in Indonesia, he was called by The Wall Street Journal to account for the bank's performance amid that country's economic collapse. After 30 years and $25 billion of loans to the Suharto dictatorship, it turned out that 'World Bank officials knew corruption in bank-funded projects was common, but never commissioned any broad reports tracking how much money was lost to it,' according to Journal reporters Marcus Brauchli and Jay Solomon.
Why the relative indifference to the problem? Because, as Mr. de Tray explained at the time, 'there is a trade-off between, shall we say, being pure and helping people,' and also because 'sometimes calling a spade a spade is not the best way' when it comes to confronting corruption.
Had matters rested......."
posted by HeavyHanded at
9:34 AM
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