Endgame emerges as Wolfowitz fights to stay on at World Bank

[cal04]

Paul Wolfowitz's fight to save his job is set to continue until at least early next week. Notwithstanding repeated declarations of support from the White House, intense diplomatic manoeuvring between the US and Europe still seems likely to end with the departure of the beleaguered World Bank president.

In a small concession, the bank's executive board has extended until tonight its deadline for Mr Wolfowitz to explain himself, after a special committee found that he had violated ethics rules by arranging a promotion and big pay rise for his partner Shaha Riza when she moved from the bank to the State Department in 2005.

He will then have the opportunity to address the board in person before a final decision is made. The choices lie between a reprimand - the mildest punishment - a vote of no confidence, or outright dismissal. This third, and harshest, option still appeared unlikely last night, despite the intense hostility to the former deputy defence secretary from many board members.

European countries led by Germany, which currently chairs the bank board, may be pressing hardest for Mr Wolfowitz to step down but they do not want a head-on confrontation with the Bush administration. This would inevitably re-open scars left by the Iraq war, of which the World Bank chief was an important architect.

http://news.independent.co.uk/world/americas/article2530797.ece

[MadMaddie]

1. Why is he fighting so hard? There is more to his refusel than

meets the eye...

[tularetom]

2. They don't want a confrontation with the * administration?

Why the hell not? The administration has already made it a confrontation by standing behind this lowlife. If they back off they are gonna have to live with wolf-o-wits until the chimp is out of office.

Personally I think there is another level of punishment - capital punishment for any WB official who fraudulently takes money away from investment in underdeveloped countries which results in the deaths of citizens ion those countries.

[Gregorian]

4. According to Greg Palast, it's called homicide.

We've been living our worst nightmare these last six years.

[Faygo Kid]

3. Wolfowitz is garbage. Wrong on Iraq, and a fascist in management.

Why does anybody waste time worrying about this clown? He has unimaginable blood on his hands. Go to Hell, Paul, you sonofabitch.

[cliss]

5. He's hanging on for the sake of his

~ EGO ~

Nothing more. He has money. THIS DUDE has money, don't doubt that. He probably siphoned off about 1/2 billion when all that cash arrived in Baghdad, remember? After all, the Founding Father of the Iraq War's gotta have something, right?

He's staying on because his ego won't let him face another failure. He was booted out of the Pentagon as the Deputy Secretary of State when Iraq started going to hell (2003). He was conveniently shuffled off to the Presidency of the World Bank.

I'm tellin ya he's got really serious psychiatric problems. I've seen recent photos of him, and he seems deranged. You watch - you heard it here first from Cliss = he's in trouble mentally.:smoke: