Sanford I. Weill Quotes


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While there are major differences between government and non-profit on the one hand and business on the other, it is important that government agencies use sound business practices in managing their programs and agencies.


Janda is an Indonesian euphemisms for prostitution. One of the major tourist attractions for Arab men in Indonesia is sex. Some members of the government actually advertise the easy availability of women in order to bring in the tourist revenue. The vice president is an ehthusiastic supporter of this form of Indonesian prostitution. Ironically, Indonesia is an Islamic nation, the VP is a Muslim and the Arab “tourists” are Muslims and prostitution is a heinous crime in Sharia or Islamic law. In Suadi Arabia such a woman might be executed, but the Saudi Authorities seem to have no problem with their citizens committing these crimes with other Muslim women.


The International Finance Corporation (IFC), an organization supposedly devoted to financing poverty elimination had supported the building of a luxury 5-Star hotels in Ghana, Egypt and several other poor nations. The construction creates jobs as does the operation of the hotel, but critics complain that the impact on poverty is small compared to the size of the investment. The fancy hotels are too expensive for the local small businessmen and women to use in their commercial development. The elites and the AID givers and NGOs of course have better—and more expensive—accommodations.


Sanford I. Weill
Sanford I. Weill
  • Born: March 16, 1933
  • Nationality: American
  • Profession: Banker, Financier

Sanford I. "Sandy" Weill is an American banker, financier and philanthropist. He is a former chief executive and chairman of Citigroup. He served in those positions from 1998 until October 1, 2003, and April 18, 2006, respectively.