January 24, 2012

Round peg and all that

Open Europe picks up that former European Commission President Jacques Santer, who in 1999 was forced to resign along with the entire Commission amid allegations of corruption and fraud, has been appointed as Head of the eurozone’s ‘Special Purpose Investment Vehicle’, which aims to raise billions of euros in funding to help deal with the eurozone crisis.

Yes, he'll be heading the SPIV.

2 comments:

WitteringsfromWitney said...

Oh, irony strikes once again.....

Santer and SPIV - brilliant spot, John.

A K Haart said...

You really, genuinely couldn't make it up could you? It's like a circus out there and the clown are refusing to leave the ring.