David's Harp / Fiasco at the Bank of Israel: Whodunnit?
Blame the process of picking a new governor, now driven by titillation and demagoguery, not the victims, Jacob Frankel and Leo Leiderman. There's something to be said for smoke-filled back-room politics.
Who would have thought on that fateful day last January when Stanley Fischer announced his resignation, that the Bank of Israel would remain bereft if a leader for weeks after he departed?
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