Each year on April Fool’s Day a samizdat magazine circulates among World Bank staff. Called Bank Swirled, a play on the title of the recently abolished staff magazine Bank’s World, it satirises bank life with Swiftian cruelty. The authors, whose identity is one of this gossip-ridden institution’s best-kept secrets, spare no person or policy.
Some of the most savage attacks have been reserved for bank presidents. A couple of years ago, the late, luckless Lewis Preston was the subject of a cruel cartoon which asked: “Where’s Lew?” But this year’s edition is unusually generous to the present incumbent, James Wolfensohn.…
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