Friday, July 20, 2012

IMF economist accuses Fund of suppressing information (Link)


IMF economist accuses Fund of suppressing information


http://news.yahoo.com/imf-economist-accuses-fund-suppressing-information-011551565--business.html

WASHINGTON (Reuters) - A veteran economist at theInternational Monetary Fund has accused the global lender of suppressing information on difficulties in dealing with the global financial meltdown and euro zone crisis.
In a resignation letter to the IMF's board and senior staff, dated June 18, Peter Doyle said the IMF's failures in issuing timely warnings for both the 2007-2009 global financial crisis and the euro zone crisis were a "failing in the first order" and "are, if anything, becoming more deeply entrenched."

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