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Thursday, May 26, 2011

IS THE FT BACKING STANLEY FISCHER FOR HEAD OF IMF?

In a Comment in the FT today, several names other than Christine Lagarde are proposed as head of the IMF.

Someone seen as too beholden to a Brics capital will not pass muster, which complicates Chinese or Russian-backed candidates. Brazil’s Arminio Fraga, South Africa’s Trevor Manuel, Mexico’s Agustín Carstens, and (if he can be persuaded to rejoin the race) Turkey’s Kemal Dervis are capable and well-respected. Stanley Fischer, Israel’s central bank governor, uniquely combines brilliant academic expertise with experience at the top of banking and the Bretton Woods institutions – and might, as a US citizen, win Washington’s support.

A united challenge would force Ms Lagarde to spell out in more detail how she would lead the IMF. Let a true contest begin.

[source : One-horse race will ill serve the IMF, FT, 26/5/2011]

Note how Fischer is described as brilliant with experience as a top banker, while the others are just named as being acceptable.

So who is Stanley Fischer?

He is the New World Order.

He is a member of the Trilateral Commission and CFR, and possibly Bilderberg (I have yet to confirm this), as well the Group of 30. He worked for Citi for a number of years as Vice Chairman of Citigroup and President of Citigroup International as the derivatives scam developed last decade, and has already worked at the IMF and World Bank before. He has also sat on the board of the ICG. He supervised Ben Bernanke for Bernanke's PhD, and he is currently Governor of the Bank of Israel (so I assume he is very Zionist). He holds dual citizenship of USA and Israel.

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