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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?"