The newly appointed Vice President and Treasurer of the World Bank was the Chief Risk Officer at Lehman Brothers when they went bankrupt in 2008.
Antoncic had been with them since 1999...so how much did she know about the underlying asset quality of the bank's assets before they imploded...she can't say she didn't know what was going on...can she?
World Bank Group President Robert B. Zoellick said...“Known for her forthrightness, I am delighted Madelyn is taking up this important role. She brings to the Bank an extensive background in the financial industry and a demonstrated record of leadership, innovation, and integrity.”
Antoncic holds a Ph.D. in Economics and Finance from New York University. As treasurer she will be responsible for maintaining the World Bank's high standing in financial markets and for managing an extensive client advisory, transaction, and asset management business.
It's a zany world out there across the big pond...
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