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Resource ID: #22983
Subject: Banks
Source: U.S. News & World Report
Affiliation: 
Date: 04/03/2006; 09/18/20006

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Description

The U.S. World Bank is most important atni-poverty institution that operates in countries trying to develop, but it is also a starting place for corruption. Over an estimated $100 billion has been lost due to corruption over the years. The acts of mid-level bank employee Leslie Jean-Robert Peans highlight the extent of the corruption; he joined the bank when he had $10 in a savings account, but was soon seen handing out $100 bills like change.

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