Friday, January 12, 2007

Scaling New Levels of Incompetence in Poland

Poland has a new central bank governor. His name is Slawomir Skrzypek and is completely unqualified for the job. Here's a quote from the Financial Times:

In a parliamentary hearing earlier this week, Mr Skrzypek had some difficulties answering MPs' questions, and confused the deceased Wim Duisenberg with Jean-Claude Trichet, the head of the European Central Bank since 2003, when asked for the names of central bankers with whom he would have to work.

More on Mr. Skrzypek. He never finish his degree at the Warsaw School of Economics and his MBA comes from an obscure US university in Wisconsin. His only qualification is being in the pocket of President Lech Kaczynski.

All it took is another political backroom deal. One more political appointment celebrating incompetence in the Duck Republic.

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