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Meyer published The Washington Post from 1933 to 1946, and the paper stayed in his family throughout the rest of the 20th century. He was the first president of the World Bank Group from June to December 1946. His daughter, Katharine "Kay" Graham, took the Post over in 1963 and remained its titular head until her death in 2001.
Eugene Meyer: 1946–1946 ... The World Bank was the subject of a scandal with its then-president Paul Wolfowitz and his aide, Shaha Riza, in 2007. [122]
In 1946, when Washington Post publisher Eugene Meyer was named the first president of the World Bank, he passed the position of publisher to Graham.When Meyer left the World Bank later that year, he took the title of chairman of the board of the Washington Post Company, leaving Graham as publisher.
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.
In 1931, amidst the high rates of bank failure, deflation, and unemployment that characterized the Great Depression in the United States, Federal Reserve board member Eugene Meyer proposed the establishment of a government agency empowered to make loans to banks and businesses in critical sectors of the US economy.
In 1929, financier Eugene Meyer, who had run the War Finance Corp. since World War I, [47] secretly made an offer of $5 million for the Post, but he was rebuffed by Ned McLean. [48] [49] On June 1, 1933, Meyer bought the paper at a bankruptcy auction for $825,000 three weeks after stepping down as Chairman of the Federal Reserve. He had bid ...
Try Guys members Keith Habersberger and Zac Kornfeld revealed that Eugene Lee Yang planned to leave the group before the 2022 scandal with Ned Fulmer The Try Guys Reveal Why Eugene Lee Yang Left ...
From March 1947 to June 1949, McCloy served as the second president of the World Bank. At the time of his appointment, the World Bank was a new entity, having only been manned by one previous president, Eugene Meyer, who resigned six months into his tenure over disputes with the bank's executive directors.