You are using an outdated browser.
Please upgrade your browser
and improve your visit to our site.

The Real World Bank Scandal

Edward Jay Epstein

"Is it really shocking for an employee of the World Bank to receive more than Condoleezza Rice's $183,500 salary? Try this for a perspective adjustment: In 2005, 1,396 world bank employees earn that much or more. And, unlike Ms. Rice's salary, it is tax-free. In fact, it is the norm, not an aberration for a World Bank executive with a PH.D to earn-more than the Secretary of State. So is the true scandal how little the Secretary of State earns?"