Bank May Vote No Confidence In Wolfowitz

[struggle4progress]

Source: Washington Post

By Peter S. Goodman
Washington Post Staff Writer
Saturday, May 12, 2007; Page A01

The World Bank executive board has concluded that the bank's president, Paul D. Wolfowitz, broke ethics rules in engineering a hefty pay raise for his girlfriend, and plans to try to end his tenure next week, senior bank officials said yesterday.

Board members do not want to vote to fire Wolfowitz, the officials said, since that might provoke a rupture with the bank's largest shareholder, the United States. Instead, they are inclined to adopt a resolution saying they have lost confidence in him, hoping that will persuade him to resign. ~snip~

They said the resolution will probably assert that Wolfowitz's continued tenure jeopardizes the bank's ability to raise funds for its campaign to eradicate poverty. Board members are betting that a strong expression of dissatisfaction will persuade the Bush administration to withdraw its support and urge Wolfowitz to step down, ending the leadership crisis that has engulfed the bank for seven weeks.

"There is a general sense that that would be enough," said a senior bank official briefed by members of the board, who spoke on condition of anonymity, citing diplomatic sensitivities. "They agree that he definitely broke the rules and they have no confidence in him. What they are doing now, informally, is figuring out what to do, what language to use." ~snip~

Read more: http://www.washingtonpost.com/wp-dyn/content/article/2007/05/11/AR2007051102492.html

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World Bank board majority want Wolfowitz to resign
11 May 2007 21:09:27 GMT
Source: Reuters

By Lesley Wroughton

WASHINGTON, May 11 (Reuters) - A majority of countries on the World Bank board believe Paul Wolfowitz should resign as President of the World Bank, bank board sources from rich and developing nations said on Friday.

"It is now very clear that a majority of members think Mr. Wolfowitz must resign," said one board source from a developing country, which received instructions from its capital this week not to support Wolfowitz's continued leadership.

"We believe that the World Bank cannot continue under the leadership of Mr. Wolfowitz," the source told Reuters.

The bank's 24-nation board this week delayed a final decision until next week over Wolfowitz's future, which hangs in the balance over a pay and promotion deal he approved for his companion, Shaha Riza, a World Bank Middle East expert. ~snip~

http://www.alertnet.org/thenews/newsdesk/N11479410.htm

[Phredicles]

1. I sympathize with the board members, but trying to shame a neocon

into resigning (or anything else) is a fool's errand. These people are utterly without shame and without any semblance of a conscience.

[cliss]

2. Hm ~

"There is a general sense that that would be enough"

Well, the board members just doesn't know the Bush Administration, do they?

[aquart]

3. Can we do that with Gonzales?

I want to call him names, but they all seem insufficient.

[pepperbear]

4. Bank may vote No Confidence in Wolfowitz

Source: Washington Post

The World Bank executive board has concluded that the bank's president, Paul D. Wolfowitz, broke ethics rules in engineering a hefty pay raise for his girlfriend, and plans to try to end his tenure next week, senior bank officials said yesterday.

Read more: http://www.washingtonpost.com/wp-dyn/content/article/2007/05/11/AR2007051102492.html?hpid=topnews

[LynnTheDem]

5. When you're part of the bush regime, rules & ethics are for the little people.

Republics never met a rule, law or ethic they thought applied to them.

[Frank Cannon]

6. Would this be like my employer voting "no confidence" in me?

Or would they just STFU and fire my sorry ass?

Yeah, I think they would.

Guess the rules are different for world-class comb-licking scumbags like Wolfowitz.

[lakeguy]

7. when do we get our vote of no confidence

for bush and his corporate welfare receipients?

[Tesla]

8. They steal in one day more than it takes to run the whole welfare system in a year!

[SpiralHawk]

9. VOTE: no confidence in republicon cronies

What a bunch of corrupt hacks.

Why do republicons HATE America and Planet Earth?

[SoCalDem]

10. Just fire the bastard already! sheez.. n/t

[acmavm]

11. This is just so ironic. A bunch of clowns who are on the board of an

organization (for lack of a better word) that causes hurt, pain, hunger, and misery for some of the world's poorest and most defenseless people are so afraid of a clown backed by another amazingly corrupt 'organization' (the bush** adminsistration) that they can't fire the guy outright.

What a dilemma.

[tiptoe]

12. The WB may have to attempt to fire him ..if the neocon won't voluntarily resign. nt

http://tinyurl.com/QKK23

[DrDan]

13. the voters last year issued a vote of no confidence in junior . . .

and it only made him bolder in his stubborness. . .

fire the bastard