Ethics and governance in the European Financial centers

The Paul Wolfowitz case demonstrates that the Word Bank is actually willing to promote ethics and transparency.
The case does not weaken the credibility of the World Bank as members especially from Europe are taking their responsibilities.
In a world of communication it would have been a mistake to attempt to hide the situation of nepotism that does not comply with the speech against bribery.
A lesson and a warning for many professionals, especially in Luxembourg, that do not implement what they say and deny or hide even public and official dysfunctions.

Know more about the case (source : Financial Times)