"I probably have to do it. I don't think I have another option." That's what former prime minister Kazimierz Marcinkiewicz is saying about taking a job at the European Bank for Reconstruction and Development. And, he adds, London is a capital of the world, perhaps along with New York.
So, there we have it. Even though he didn't get a job at PKO BP, Marcinkiewicz will work at a bank. I wonder if this will add enough to his resume to come back some day and run PKO after all. That, of course, will depend on the political climate.
And, judging from the recent shifts in the cabinet, which included the departure of the interior minister, Ludwik Dorn, cracks are beginning to appear at the core of PiS. "The Third Twin" -- so called because of his closeness to the Kaczynski twins -- held on to his post of Deputy PM, but has been making noise about back stabbing by other ministers. Several media outlets are reporting that Dorn has upset Jaroslaw Kaczynski so much that he's about to lose that spot, too. Is the ship beginning to sink?
Well, at least for his sake, Mr. Marcinkiewicz will be far away from this mess, enjoying London.
Showing posts with label Marcinkiewicz. Show all posts
Showing posts with label Marcinkiewicz. Show all posts
Wednesday, February 14, 2007
Saturday, February 10, 2007
Marcinkiewicz Drops Candidacy for Bank Job
Former Polish prime minister Kazimierz Marcinkiewicz has withdrawn his name from consideration for the top post at PKO BP. In his blog, Marcinkiewicz blames the decision on the whole controversy surrounding his candidacy, which would have made his job much more difficult. Marcinkiewicz points a stern finger at the media, as well as the financial and banking circles, from which he"did not received any form of support." Shocking, no support for a man who has not managed any financial institution in his life.
Marcinkiewicz, who sounds a note of indignation, does go into details about the ambitious plans he had for PKO. He also points out all the experiences that would have made him a great PKO chief executive: he did study banking and finance at the Szczecin University (he never got the doctorate degree he started there) and his work on the public finances committee in the parliament. Oh, and he ran a school and a country. So, there!
Is it me, or is Marcinkiewicz getting more disconnected from reality?
UPDATE: I forgot to mention that in Szczecin, Marcinkiewicz studied under his later finance minister, Teresa Lubinska. Prof. Lubinska didn't exactly shine at that post, even calling for a larger federal deficit and attacking foreign supermarkets before being sacked.
Marcinkiewicz, who sounds a note of indignation, does go into details about the ambitious plans he had for PKO. He also points out all the experiences that would have made him a great PKO chief executive: he did study banking and finance at the Szczecin University (he never got the doctorate degree he started there) and his work on the public finances committee in the parliament. Oh, and he ran a school and a country. So, there!
Is it me, or is Marcinkiewicz getting more disconnected from reality?
UPDATE: I forgot to mention that in Szczecin, Marcinkiewicz studied under his later finance minister, Teresa Lubinska. Prof. Lubinska didn't exactly shine at that post, even calling for a larger federal deficit and attacking foreign supermarkets before being sacked.
Wednesday, January 31, 2007
Former PM Living in Parallel Universe

Looks like his successor and party boss Jaroslaw Kaczynski has come to his senses and decided no to squeeze the supervisory board at Eastern Europe's largest bank PKO BP to appoint Marcinkiewicz its new chief executive.
That is a smart move, considering the fact that Marcinkiewicz's appointment could ultimately be rejected by the banking supervisor because of his scant financial experience. This could erase any remaining credibility of the politically appointed supervisory board.
And this is where Marcinkiewicz enters a parallel universe. In his blog he writes that in the recent months he has not spoken to any members of PKO's supervisory board (except for its chair who is now the interim chief executive) nor any member of the banking oversight body. He adds: "So stop writing about political pressure because you're undermining my good name."
Whoa. Stop writing about political pressure? Which universe is Marcinkiewicz living in??? How else can you explain the fact that Marcinkiewicz is in any way being considered a serious candidate to run the country's biggest financial institution? How did this former physics teacher land a job as an adviser to the interim CEO? What else would explain talks about Marcinkiewicz taking another top post at a state-controlled company, like the oil group Lotos? [Marcinkiewicz says he does not plan to move outside of Warsaw, while Lotos is headquartered in Gdansk]
At least on the PKO side things are looking a little more sane. After a resignation of one of the more credible members of the supervisory board the competition for the top spot has been suspended. According to Gazeta Wyborcza, people close to Marcinkiewicz say his chances of running PKO are close to nil. Whew! For now.
UPDATE: The speaker of the lower chamber Marek Jurek said on the radio that Marcinkiewicz should be the head of PKO BP, but quickly added that the supervisory board should make its own decision. Nope, no political pressure here.
Thursday, January 04, 2007
Another Remake of a Polish Classic?
The fictional story of Nikodem Dyzma, a clever nobody who rockets to the top of the Poland's social and political world, has been part of the Polish psyche for decades. There are three movie versions of the book written in 1932, which I'd guess is a record for Polish remakes. I even gave my mom a box set of two of the versions for Christmas.
And now thanks to a posting on the clever Polish blog Kurczeblade (Pale Chicken), I realize that we might be seeing yet another remake of Nikodem Dyzma in real life in the person of Kazimierz Marcinkiewicz. OK, OK, so he already was the prime minister for a few months, even though he had quite a thin political CV. Now he's being quickly prepared to take over Poland's largest bank PKO BP, despite his even more scant financial experience. Funny enough, Nikodem Dyzma held both posts in the book, except in reverse.
Here's a parody from YouTube (in Polish):
And now thanks to a posting on the clever Polish blog Kurczeblade (Pale Chicken), I realize that we might be seeing yet another remake of Nikodem Dyzma in real life in the person of Kazimierz Marcinkiewicz. OK, OK, so he already was the prime minister for a few months, even though he had quite a thin political CV. Now he's being quickly prepared to take over Poland's largest bank PKO BP, despite his even more scant financial experience. Funny enough, Nikodem Dyzma held both posts in the book, except in reverse.
Here's a parody from YouTube (in Polish):
Tuesday, January 02, 2007
Quick Internship Before Running the Show
Former Polish PM Kazimierz Marcinkiewicz has started on his short path to get the top job at Poland's (if not Eastern/Central Europe's largest) bank PKO BP. According to Gazeta Wyborcza, he is taking on a job of an adviser to the interim chief executive. This quick "internship" seems to be a charade to soon hand Marcinkiewicz the top job at PKO in an official (and likely rigged) selection process. Marcinkiewicz, who up to this point had no financial experience and wouldn't spot a ROE if it jumped in his face, has already said he will take part in the "competition."
Perhaps to indicate how happy the current staff at PKO is about his imminent ascendancy, Marcinkiewicz got an office on the 13th floor.
Welcome to the new Poland, where old corrupt system is being replaced by new corrupt system. Yet another indication of the failure of the Kaczynski brothers to follow up on their main goal of stumping out corruption.
Perhaps to indicate how happy the current staff at PKO is about his imminent ascendancy, Marcinkiewicz got an office on the 13th floor.
Welcome to the new Poland, where old corrupt system is being replaced by new corrupt system. Yet another indication of the failure of the Kaczynski brothers to follow up on their main goal of stumping out corruption.
Labels:
Corruption,
Kaczynski,
Marcinkiewicz,
Poland
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