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The last German?


After Horst Kohler Kohler, village (1990 pop. 1,817), Sheboygan co., E Wis., on the Sheboygan River; inc. 1912. The Kohler plumbing-fixtures plant there, which still produces its famous stainless-steel products, has been the scene of some of the longest and most bitter labor disputes in U.S. history. The last strike began in 1954 and ended in 1962. stepped down as head of the IMF to be the conservative opposition candidate for German president, the government of Gerhard Schroder began campaigning hard for a second term for Peter Woicke, the veteran J.P. Morgan banker who is running the World Bank's private-sector arm, the International Finance Corporation
International Finance Corporation (IFC)
A corporation owned by the World Bank
World Bank
A multilateral development finance agency created by the 1944 Bretton Woods, (New Hampshire) negotiations. It makes loans to developing countries for social overhead capital projects that are guaranteed by the recipient country. See: International Bank for Reconstruction and Development.
 that produces a number of well-known stock indexes for emerging markets. Its major role is to provide financing for projects in less developed countries.
. "If World Bank President James D. Wolfensohn gets his will and forces Woicke out," laments a high Berlin government official, "there won't be a German left at the leadership level of the Bretton Woods institutions, and that's a bad turn of events."
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Title Annotation:Off The News; Germans in international financial organizations
Author:Engelen, Klaus C.
Publication:The International Economy
Article Type:Brief Article
Geographic Code:4EUGE
Date:Mar 22, 2004
Words:94
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