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Title : United Nations Economist Arrested For Overworking In Addition To Underpaying A Maid; Stiglitz Co-Author
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United Nations Economist Arrested For Overworking In Addition To Underpaying A Maid; Stiglitz Co-Author

Hamidur Rashid 

H5N1 UN economist has been arrested inwards New York on fraud charges related to his hiring of a domestic worker.

Hamidur Rashid was charged Tuesday inwards federal court.

Authorities nation the 50-year-old employee inwards the UN Secretariat underpaid in addition to overworked a domestic worker at his Manhattan residence.

He’s charged amongst visa fraud, access device fraud, aggravated identity theft in addition to fraud inwards unusual labor contracting. His lawyer has declined to comment.

Prosecutors nation Rashid paid the worker good below what he reported to the Department of State in addition to the U.N.

They nation he ready a sham depository fiscal establishment trouble organisation human relationship to pass for himself the reward he claimed to endure paying the Bangladeshi adult woman in addition to obtained a visa for the domestic worker past times lying close what she would endure paid.

Rashid is the Chief of Global Economic Monitoring at UN in addition to holds a PhD from Columbia University.  He was formerly director-general for multilateral economical affairs at the Ministry of Foreign Affairs inwards Bangladesh.

Most of late he wrote a paper amongst crony, elitist Keynesian economist Joseph Stiglitz stating that

"In the US, quantitative easing did non boost consumption..."

In the paper, they did non beak over his skimming invention that boosted his personal consumption.

But rather they hinted at to a greater extent than fundamental planning of the banking sector past times calling for targeting bank loan levels.

 To accept the desired effect, QE should accept been accompanied non solely past times official efforts to restore impaired lending channels (especially those directed at small- in addition to medium-size enterprises), simply likewise past times specific lending targets for banks. 

   - RW

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