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Obama Picks Surprise Nominee Jim Yong Kim for World Bank

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President Obama stunned the International financial community today by appointing Dartmouth College President Jim Yong Kim to lead the World Bank, even though he has no banking experience. One consequence of today's announcement is that economist Jeffrey Sachs of Columbia's Earth Institute dropped his bid and supported Kim "one hundred percent." Sudeep Reddy reports on economics for the Wall Street Journal.

 


 
Credits

Guest:
Sudeep Reddy - Wall Street Journal - @Reddy

Host:
Warren Olney

Producers:
Caitlin Shamberg, Frances Anderton, Christian Bordal