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DoubleEdgeSword
May 15th, 2007, 07:48 AM
Wolfowitz Faces Showdown with World Bank Board

http://download.npr.org/anon.npr-www/chrome/icon_listen.gif (javascript:launchPlayer('10183279', '1', '15-May-2007', '&topicName=Politics___Society&subtopicName=Politics&prgCode=ME&hubId=-1&thingId=10183271', 'RM,WM');) by Tom Gjelten (http://www.npr.org/templates/story/story.php?storyId=2100536)





Morning Edition (http://www.npr.org/templates/rundowns/rundown.php?prgId=3), May 15, 2007 · World Bank President Paul Wolfowitz is likely to find out Tuesday if he will keep his job. On Monday, a bank investigating committee reported that Wolfowitz broke bank rules in arranging a pay raise for his girlfriend. Wolfowitz is due to appear later Tuesday before the board of directors, in whose hands his fate now rests.

The investigating committee, which consisted of seven of the 24 members of the board, is withering in its criticism of Paul Wolfowitz.

Their report says his management of his girlfriend's pay raise amounted to a clear conflict of interest. It says Wolfowitz did not share information about what he was doing and even told the bank official who was handling the promotion to keep it to himself.

With that conduct, the committee concluded, Wolfowitz put his personal interests ahead of those of the bank.

The committee said Wolfowitz's recent public statements attacking the committee's work meant that he was "denigrating the very institution he was selected to lead."

The committee did not have the authority to fire Wolfowitz — that would be up to the full board — but it left little doubt of its own views.
http://www.npr.org/templates/story/story.php?storyId=10183271

DoubleEdgeSword
May 17th, 2007, 04:16 PM
Breaking news at CNN.com: Wolfowitz to resign at the end of June.