You mean the owners of World Bank bonds? Surely they will. World Bank bonds have a AAA rating, in part because they have a quasi-guarantee from the USG. Entities which are only allowed to purchase government securities are allowed to purchase them, they are generally considered as safe as USG bonds. (How one feels about that is another story, but as an empirical matter, it is true.) I strongly doubt anyone is going to be selling World Bank bonds as a result of this nomination, and if they did, no-one would care, other people would be happy to buy them.
On Fri, Mar 23, 2012 at 1:02 PM, Jim Devine <[email protected]> wrote: > Robert Naiman wrote: >> No, it's not true that Summers not being nominated is the only >> victory. If you care about access to basic health services in poor >> countries, it's a big victory. If you care about breaking down >> barriers to access to essential medicines in poor countries, it's a >> big victory. > > we shall see. Will the owners of WB stock go along? > -- > Jim Devine / "In science one tries to tell people, in such a way as to > be understood by everyone, something that no one ever knew before. But > in poetry, it's the exact opposite." -- Paul Dirac > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l -- Robert Naiman Policy Director Just Foreign Policy www.justforeignpolicy.org [email protected] _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
