Former IMF Economist Says He's ‘Ashamed’ Of Links To Fund

The full letter is posted HERE.

An International Monetary Fund economist who said he is leaving the institution wrote that he is “ashamed” of being associated with it and criticized it for what he said was a failure to send warnings about the global financial crisis and the European debt turmoil. 

“The consequences include suffering -- and risk of worse to come -- for many including Greece, that the second global reserve currency is on the brink, and that the fund for the past two years has been playing catch-up and reactive roles in the last-ditch efforts to save it,” according to the letter written by Peter Doyle, who worked as a division chief in the European department.