Bono the next World Bank chief?
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Thursday, 6 March 2008
Bono the next World Bank chief?

2 Mar 2005

A
Los Angeles Times editorial proposed a new gig for the U2 frontman.
Could the only person ever nominated for an Oscar, a Grammy, a
Golden Globe and the Nobel Peace Prize now take over at the World
Bank?

Betfit, a betting exchange running at
www.betfit.com and owned by European
enterpreneurs, decided to turn that question into a betting event
allowing its costumers to bet on it.

On Friday,
the Los Angeles Times devoted its lead editorial to the proposition
that Bono, the Irish frontman of rock band U2, "should be named the
next president of the World Bank."

James
Wolfensohn"s term as World Banks president, ends in May and the
United States, which has traditionally reserved the post for an
American with experience on Wall Street or in government, wants to
see a successor named before then.

"Don"t be
fooled by the wraparound sunglasses and the excess hipness," the
Los Angeles Times said. "Bono is deeply versed in the issues
afflicting the least-developed nations of the world."


Bono, 44, who appeared at the Grammy awards this month
wearing a "Make Poverty History" armband, has been a passionate
advocate for Third World debt relief in recent years.


Los Angeles Times editorial page Editor Andres Martinez
said that the suggestion of Bono to head the World Bank was
entirely serious, although, he said, the newspaper was also making
an effort to "take chances" and be "less predictable" on its
opinion page in recent months.

Betfit's
administration decided to accept bets from its costumers - Will Bono be named the next
president of the World Bank is the question asked. Ricardo Silva,
Betfit.coms executive director, said that the question concerning
the next World Banks president assumed an interesting event to
accept bets on.







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