Talk:Euart Glendinning

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Piece below needs substantuated... doesn't appear to quite fit with what's being said in source.

Corporate Community Engagement

With Corporate Community Engagement (CCE) the big banks try to replicate themselves and their values and lobby government, although they argue the projects are run by local people. The projects tend to appear in areas which have been ravaged by the free market values espoused. Here 'venture philanthropy' and CCE replaces the rights of the individual with trickle-down at the whim of the super-rich. It is a distraction from high level moves which will have more impact on how people live at home and elsewhere:

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I was thinking that this piece should probably be moved else where. Whilst being interesting it isn't about Glendinning. Might also want to think about changing wording... for eg. 'according to Chossudovsky...' this helps the reader understand where it comes from.

Responding to the global banks initiative, the IMF has called for concrete "steps to strengthen private sector involvement" in crisis management — what might be interpreted as a "power sharing arrangement" between the IMF and the global banks. The international banking community has also set up it own high level "Steering Committee on Emerging Markets Finance" integrated by some of the World's most powerful financiers including William Rhodes, Vice Chairman of Citibank and Sir David Walker, Chairman of Morgan Stanley. The hidden agenda behind these various initiatives is to gradually transform the IMF — from its present status as an inter-governmental body — into a full fledged bureaucracy which more effectively serves the interests of the global banks. More importantly, the banks and speculators want access to the details of IMF negotiations with member governments which will enable them to carefully position their assaults in financial markets both prior and in the wake of an IMF bailout agreement. The global banks (pointing to the need for "transparency") have called upon "the IMF to provide valuable insights [on its dealings with national governments] without revealing confidential information...". But what they really want is privileged inside information.

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I've removed this bit as it's about Walker rather than Glendinning and the info is the same as on Walker's page.

Walker's role was Chairman of MSI with executive responsibility for the Firm's activities in the Middle East and Africa. He began his career in 1961 with the Treasury (seconded to the IMF from 1969-73), becoming chief of the Economic Intelligence Department in 1977, before joining the Bank of England (other banking interests include Johnson Mathey).

Walker served as a non-executive board member of Reuters, Vice-Chairman of the Legal and General group, a member of the Group of Thirty and was Chairman of the London Investment Bankers' Association. He is also British Co-Chairman of the British-Moroccan Business Council. Prior to joining MSI, Walker spent two years at Lloyds Bank. From 1988 to 1992, he was Chairman of the Securities and Investments Board, the British authority at that time 'regulating' the securities markets as it became de-regulated. [1] He was Chairman of the International Organisation of Securities Commissions (IOSCO) in 1991-92. He was also a non-executive board member of the former Electricity Generating Board which monopolised into National Power plc between 1984 and 1994. He is also a governor of the Henley Management College and the Council of Lloyd's (and paradoxically the chairman of the Lloyd's LMX spiral enquiry of 92 after the Lloyd's reinsurance scam).