Bretton Woods Project - Critical voices on the World Bank and IMF

Jump to main content | Jump to sidebar | Jump to navigation menu



World Bank was “Enron pawn”

News|Bretton Woods Project|8 May 2002|update 28|url
print|email|bookmarkdel.icio.usDigg!Stumble UponRedditFacebookGoogle Bookmarks

A report released by the Institute for Policy Studies (IPS) claims the World Bank provided over $750 million in assistance to Enron power projects in seven different countries in the 1990s. Enron also seconded staff to the Bank through the World Bank Staff Exchange Programme. It has also emerged that former Enron CEO Ken Lay joined a Washington think tank panel in 1996 that was examining the World Bank's future role. Mr. Lay attempted to convince the Bank to stop funding social programmes.

Enron's Pawns: How public institutions bankrolled Enron's Globalization Game

Published: 8 May 2002 , last edited: 21 July 2003

Viewings since posted: 3122

Articles: 2339

Special coverage of Bretton Woods II, updated daily with the latest news and analysis: www.brettonwoodsproject.org/BW2/

Subscribe

Bretton Woods Update, 6 emails/year:
highlights fulltext pdf
Alerts of new web content
Weekly newswire email

Email:


home | subscribe | donate | search | help | contact


validate: | XHTML | CSS | RSS | 508

powered by Action Apps | hosted by GreenNet | Credits