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Eugene Isaac Meyer (October 31, 1875 – July 17, 1959) was a prominent American banker, businessman, financier, and newspaper publisher. His most notable public service role was as the fifth chairman of the Federal Reserve , a position he held from 1930 to 1933.
The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. [12] The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.
Managing Director of the World Bank; Assistant Administrator of the U.S. Agency for International Development (USAID) First interim World Bank Group president born outside United States First World Bank Group president born in Europe First World Bank Group president from Germany: 9 James Wolfensohn: June 1, 1995 – May 31, 2005 United States [a]
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
The LIBOR scandal is being called the "Wall Street scandal of all scandals" and the "rotten heart of finance," but the massive fraud can be hard to fathom for anyone who doesn't follow the markets.
A Money-Laundering Mega-Scandal Has Forced the CEO of Denmark's Biggest Bank to Resign
Katharine Meyer in 1926. Katharine Meyer was born on June 16, 1917 in New York City to Agnes (née Ernst) and Eugene Meyer. [1] The Meyers were a wealthy family — her father was a financier and, from 1930-1933, the Chairman of the Federal Reserve; her grandfather was the financier Marc Eugene Meyer; and her great-grandfather, Rabbi Joseph Newmark, was also a businessman.
In northern Peru, the World Bank's business-lending arm is part owner of the Yanacocha gold mine, accused by impoverished farming communities of despoiling their land in pursuit of the precious ore. The bank and IFC have stepped up investments in projects deemed to have a high risk of serious and environment damage, including oil pipelines, mines and even coal-fired power plants, an ...