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The Chinese Bank That Humiliated Barack Obama Is Hiring

Tyler Durden's picture




 

With the hunt for members having — to the absolute horror of Washington and to the pleasant surprise of Beijing —  just wrapped up to enormous success, the Asian Infrastructure Investment Bank (also known by its other name, “The Yuan Hegemony Establishment And Implementation Fund”) is now hunting for some something else: employees. As China Daily reports, the AIIB’s Multilateral Interim Secretariat, which is headed by Jin Liqun who has held positions at both the World Bank and at the AIIB rival that no one wants to admit is a rival, the ADB, convened a closed-door workshop last month attended by officials from the very same multilateral financial institutions that the new venture will likely supplant

The two-day workshop discussed the global financial and banking environment and the social framework of multilateral banks, governing structures and procurement policies.Similar topics were discussed at a meeting of delegates in Almaty, Kazakhstan, at the end of March.

 

The meetings drew officials from major multilateral financial organizations, including the World Bank, Asian Development Bank and European Bank for Reconstruction and Development.

 

Executives with working experience in international institutions are just what the AIIB is looking for as it seeks to develop standards relating to transparency and lending.

 

Matthew Dalzell, previously a special adviser to New Zealand's Ministry of Foreign Affairs and Trade who later worked for the World Bank, is now the senior operational expert in the Interim Secretariat, according to his page on LinkedIn, the online business connection website.

 

Two other foreigners posted information about their roles: one on communications andteam coordination, the other on human resources?though their information could not beindependently verified.

In a nod to the somewhat farcical concerns Washington and Tokyo supposedly harbor about the bank’s “standards” (because the US government has a sterling record when it comes to making sure poor underwriting standards don’t end up wreaking hundreds of billions of dollars worth of damage on the world economy, just ask Fannie and Freddie) the AIIB is looking for candidates with “practical experience in areas such as environmental protection, public procurement, law and loan approval.” 

They’re also looking for people who are “fluent in English” and in an effort to show how intent Beijing is on making the institution truly “multilateral,” only half of the staff will come from China’s Finance Ministry:

The AIIB will launch a formal recruitment program for global elites in the fall, the 21st Century Business Herald reported, citing people familiar with the matter. Top talent is required for the bank to achieve a high standard of performance, experts said…

 

Behind the intensive preparations and talent hunt, a key figure is Jin Liqun, the Interim Secretariat's chairman. He is a former vice-minister of finance and served at both the World Bank and Asian Development Bank. He is unknown to many, but acquaintances speak highly of him.

 

"He is an experienced, savvy guy," said Nicholas Lardy, senior fellow at the Peterson Institute for International Economics in Washington. "He's hiring an able staff of about 40 people, half from China's Finance Ministry, half recruited internationally."

*  *  *

So there you have it. For anyone out there who is looking to abandon ship at the ineffective, Old World Order, US-dominated multilateral institutions for an exciting career at the fund which ushers in a new era of greater Chinese influence and geopolitical clout, you now know who to call. It will be interesting to see if ADB, World Bank, and IMF officials defect as quickly from the party line as did prospective member countries last month. 

Of course if this opportunity isn't for you, there's always this:

 

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Thu, 04/09/2015 - 15:30 | 5976151 Equality 7-25-1
Equality 7-25-1's picture

Cool. Can they revoke my IMF/IRS debt serfizenship?

Thu, 04/09/2015 - 15:34 | 5976169 813kml
813kml's picture

That depends on whether you can calmly deal with an aircraft carrier at the drive-through window.

Thu, 04/09/2015 - 16:00 | 5976238 RU-GAY2
RU-GAY2's picture

AIIB?  No thanks, we've had enough of centralized, collectivist banker ponzi actions for this millennium.  There's no "good guys" in that show.

Thu, 04/09/2015 - 16:12 | 5976271 NoDebt
NoDebt's picture

AIIB is a CIA front.

Thu, 04/09/2015 - 16:30 | 5976350 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

More data on that?

Thu, 04/09/2015 - 16:44 | 5976390 johngaltfla
johngaltfla's picture

If you read the small print it says:

"Must never have worked for the United States Federal Reserve Bank and/or been convicted or accused of financial fraud"

Obviously they've had enough of our banksters....

Thu, 04/09/2015 - 17:12 | 5976483 Harbanger
Harbanger's picture

"the AIIB is looking for candidates with “practical experience in areas such as environmental protection, public procurement, law and loan approval.” They’re also looking for people who are “fluent in English”

Hint.  They're hiring the same bureaucrats, lawyers and bankers that run our current system.

Thu, 04/09/2015 - 17:57 | 5976631 dlmaniac
dlmaniac's picture

This bank is one Goldman rig away from failing. You read it here first.

Fri, 04/10/2015 - 08:06 | 5977932 Dick Gazinia
Dick Gazinia's picture

They should list the biggest perk for this job as "Decreased Suicide Risk"

Thu, 04/09/2015 - 16:44 | 5976391 Publicus
Publicus's picture

When do I start?

Thu, 04/09/2015 - 18:54 | 5976780 Handful of Dust
Handful of Dust's picture

They'll have a tough time competing with Merikan employers who are tripping over themselves hiring H-1B peeples:

 

They are asking the U.S. Department of Justice, the Department of Homeland Security and the Labor Department to investigate the use of the H-1B program "to replace large numbers of American workers" at Southern California Edison (SCE) and other employers.

This letter is a significant development in this contentious issue. It arrives at the same time that lawmakers are pushing a substantial increase in H-1B visas under the I-Squared bill, legislation that would raise the H-1B cap. Two of the co-sponsors of the I-Squared bill also signed the letter asking for an investigation into H-1B program practices.

 

http://www.computerworld.com/article/2908124/10-us-senators-seek-investi...

Thu, 04/09/2015 - 17:26 | 5976530 ZH Snob
ZH Snob's picture

Jamie Dimon has already put in his resume.  it leads with his favorite motto: nothing personal.  it was just business.

Thu, 04/09/2015 - 23:06 | 5977449 blowing winter
blowing winter's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.globe-report.com

Thu, 04/09/2015 - 15:30 | 5976154 OldPhart
OldPhart's picture

I should send my resume...to China.

Thu, 04/09/2015 - 15:30 | 5976155 Seasmoke
Seasmoke's picture

Yes actually I am an official member at ZeroHedge. So when do I start ??

Thu, 04/09/2015 - 16:04 | 5976253 Harbanger
Harbanger's picture

"The AIIB will launch a formal recruitment program for global elites in the fall"

I don't think anyone here qualifies as a global elite.

Hope and Change, Bitchez.  It never gets old.

Thu, 04/09/2015 - 15:32 | 5976159 kchrisc
kchrisc's picture

No Zionist need apply.

The banksters need repay us.

Thu, 04/09/2015 - 15:37 | 5976175 tony wilson and...
tony wilson and saturn zion devils's picture

it is quite simple

do what the yahudi say in the talmoo

doo be du

if great granny

granny

or mommy is a jewisher

delete application

with prejudices

already

Thu, 04/09/2015 - 15:33 | 5976161 davinci7_gis
davinci7_gis's picture

Pretty soon the world will no longer need America's dollar or its oil.  I wonder what we can now provide....maybe hookers and blow?

Thu, 04/09/2015 - 15:33 | 5976162 KnuckleDragger-X
KnuckleDragger-X's picture

Whether it actually works or not, I'm happy because of the amount of butthurt inflicted....

Thu, 04/09/2015 - 15:38 | 5976177 BandGap
BandGap's picture

President Butthurt doesn't mind that part.

Thu, 04/09/2015 - 15:33 | 5976165 undercover brother
undercover brother's picture

Salt for the wound.  Nice!

Thu, 04/09/2015 - 15:34 | 5976168 BandGap
BandGap's picture

Can I make the same as the 7000 a month I make jerking off in my basement?

Thu, 04/09/2015 - 15:49 | 5976205 1000yrdstare
1000yrdstare's picture

Can I make the same as the 7000 a month I make jerking off in my basement?

 

 

Chilisauce? dat you?

Thu, 04/09/2015 - 18:59 | 5976789 tarabel
tarabel's picture

 

 

Nah, it's Winter Blowjob.

Soon to reincarnate as Spring69.

Thu, 04/09/2015 - 15:35 | 5976172 silverserfer
silverserfer's picture

so many ponzi's to particate in what is a serf to do?

Thu, 04/09/2015 - 15:38 | 5976178 kevinearick
kevinearick's picture

Somebody has to pay for that SMART train...

 

If you can wrap your mind around the fact that the only difference between time and distance is the construct in your mind, which is largely controlled by media for the herds, on the basis of credit/debt compliance (walking to work versus taking the bus or a car), you can begin to understand gravity and anti-gravity, which are compliments or opposites, depending upon perspective. A great deal of work has isolated those protons into the nucleus.

Similarly, while the price of RE has gone up, its value has fallen, dramatically. A 30-year mortgage is a prison, locking the users into their habits, with increasing anxiety, the output of which is make-work economic activity in a positive feedback loop, measured as GDP. The critters are afraid of children themselves, but are more than happy to breed children on welfare as insurance against change, to keep the ponzi going.

That’s California/Chimerica, which has been copied globally as best business practice, extortion with arbitrary debt. That cop didn’t think twice about shooting a black, “dead beat dad” in the back, because his habits didn’t yet incorporate an uncontrolled camera. In the future, you will probably be able to bet on the cop while watching in real time.

The Internet is worse than TV because it is better at hiding the difference between what the critters say and what they do. Regardless of development, gravity is going to develop, which is why you let the critters steal your second derivative.

If either of the Pauls were serious, they would be talking about the monstrosity which is healthcare, which now embeds the State surveillance system cradle to grave, to the end of breeding economic slaves. Which temporary beneficiary of the resulting ‘equality and affirmative action’ is currently feeding the banks is of no concern to labor.

The Apple watch is just one step closer to embedding a chip at birth, for critters that want to be noticed in a crowd, because they lack identity and are willing to pay for one, competing for the privilege of credit. Of course liquidity is drying up, on the assumption that you can’t fight central banking.

Thu, 04/09/2015 - 15:40 | 5976186 BandGap
BandGap's picture

Uh, what was the question again?

Thu, 04/09/2015 - 16:27 | 5976338 WillyGroper
WillyGroper's picture

WB7 should do Martha Stewart with an IWatch around her ankle saying "It's A Good Thing".

;)

Thu, 04/09/2015 - 16:47 | 5976402 atomicwasted
atomicwasted's picture

what

Thu, 04/09/2015 - 15:38 | 5976179 northern vigor
northern vigor's picture

I'm available...I want to be paid in those new gold backed yuan..not this Fed arse wipe.

Thu, 04/09/2015 - 15:42 | 5976191 1000yrdstare
1000yrdstare's picture

I hear they will pay you in pickles...all the pickles you can eat...mmmm pickles.

Thu, 04/09/2015 - 15:39 | 5976183 buzzsaw99
buzzsaw99's picture

i trust them moar than the tbtf gangsters bitchez

Thu, 04/09/2015 - 15:43 | 5976196 agent default
agent default's picture

Is the Bernank applying?

Thu, 04/09/2015 - 15:52 | 5976210 Fukushima Fricassee
Fukushima Fricassee's picture

Humiliated Barack Obama ? I would say more like they bent that idiot over and pounded him Reggie style. If you ever voted for that fool your children will grow to hate you and desendents will piss on your graves.

Thu, 04/09/2015 - 16:29 | 5976344 WillyGroper
WillyGroper's picture

Honestly, which ever candidate, do you REALLY think voting matters?

Thu, 04/09/2015 - 15:57 | 5976227 PGR88
PGR88's picture

Which statist-socialists do you want to work for?  Obama?  Or the Chinese Communists?

Thu, 04/09/2015 - 16:09 | 5976264 cwsuisse
cwsuisse's picture

Given the american ability to adjust to foreign culture and language a position at AIIB should not be a real challenge. 

Thu, 04/09/2015 - 16:21 | 5976308 Joebloinvestor
Joebloinvestor's picture

What no GS ex is heading up anything?

Thu, 04/09/2015 - 16:24 | 5976321 magnumpk
magnumpk's picture

Is it possible to humiliate someone who has no humility?

Thu, 04/09/2015 - 16:41 | 5976385 f16hoser
f16hoser's picture

The enemy of my enemy, is my friend.

Thu, 04/09/2015 - 16:47 | 5976406 goldhedge
goldhedge's picture

"GEEZE A JOB"!

Thu, 04/09/2015 - 16:57 | 5976432 darteaus
darteaus's picture

Hire Bernacke, Liesman and Friedman. That should even things out in a few years.

Thu, 04/09/2015 - 18:05 | 5976644 JenkinsLane
JenkinsLane's picture

 

 

When's the IPO?

I want in.

Thu, 04/09/2015 - 18:52 | 5976776 tarabel
tarabel's picture

 

 

The Chinese Bank that Humiliated Barack Obama?

I don't get it. Name an institution, cause, or country that hasn't forced him to eat dirt.

Does this mean that everybody everywhere is hiring?

Thu, 04/09/2015 - 19:02 | 5976799 Herdee
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