London School of Economics Director resigns after revelations of involvement with Gaddafi
It has been announced that the head of the London School of Economics, Howard Davies, has resigned after fresh revelations that he had led the institution into close involvement with the Gaddafi regime. This included a deal worth £2.2m to train hundreds of young Libyans to become part of the country’s ruling elite.
An independent inquiry headed by a former lord chief justice will examine the LSE’s relationship with Libya and Gaddafi’s family.
A spokesperson for the LSE’s students’ union, said: “The recent revelations have shone a light on one part of the relationship between the upper echelons of the LSE and the Gaddafi family, which is deeper and more perverse than we would have ever imagined. This issue is damaging the reputation of the school – it should be a place of learning, not at the centre of unscrupulous dealings with the Libyan regime.”
Meanwhile this morning’s Guardian reports that:
a US consultancy admitted mishandling a multimillion dollar contract with Libya to sanitise Gaddafi’s reputation in the west. Monitor Group, based in Cambridge, Massachusetts, organised for academics and policymakers from the US and UK to travel to Tripoli to meet the Libyan despot between 2006 and 2008, as part of a $3m (£1.8m) contract.
They included Francis Fukuyama, professor of international political economy at Johns Hopkins University and author of The End of History and The Last Man, as well as Richard Perle, a prominent neocon who advised the Bush presidency on the Middle East.
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Real-World Economics Review Blog 
The problem here is the hypocrisy, not the deed – why pick on the LSE? Will we now see the arch corruptee Tony Blair resign as Quartet ‘peace’ envoy, for “sanitising Mubarak’s/Gaddafi’s reputation in the west”? I think not. Will we see an end to the kind of ‘foreign policy’ that had William Hague say: “we sometimes have to do business with the worst kind of regimes” (my version)? An end to the short-term corruption that sees nuclear technology sold to Iran (when they’re our ‘ally’), massive arms deals to Saddam Hussein when he’s being a good boy and only murdering his own people and those recalcitrant Iranians, who deserve it for kicking our oil companies out? Please! The stench of hypocrisy is overwhelming…
speechless
Not I.
I say, right on Jon.
But, now what?
HYPOCRISY IS THE WORD. BUT WHAT IS THE POINT?? UNIVERSITY INSTITUTIONS IN THE USA AS WELL IN BRITAIN SINCE LONG TIME AGO HAVE BEEN FUNDED BY BANKS, FOUNDATIONS, COMPANIES AND GOVERNMENTS WHOSE MONEY COMES FROM AMONG OTHERS, CORRUPTED OPERATIONS, WASHED MONEY AND SEVERAL FORMS OF FINANCIAL DELINQUENCY. ¿WHERE IS THEN THE SCANDAL NOW WITH GADAFFI???
Why on earth?…
What?!…
“to train hundreds of young Libyans to become part of the country’s ruling elite”
So a dictator wanted to have an educated ruling elite…
And educated in the old classical liberal tradition of British education system ?…
What is wrong with that?…
Unless, of course, the leaders of LSE were not really considering that education of a future ruling elite was actually the purpose of that financing…