Wolfensohn: Global Recession Will Not End Soon

Friday, May 15, 2009 5:13 PM

By: Dan Weil


Stick around, we’re going to be here for a while.

That’s how James Wolfensohn, former World Bank president and chairman of Citigroup’s international advisory board, views the world economy.

“The debate will continue on whether it’s going to be a V, U or L-shaped recession,â€