World Bank board majority want Wolfowitz to resign (Reuters)

[Eugene]

Source: Reuters

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-

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

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Source: New York Times

Europeans Press Wolfowitz to Quit as Bank Chief

By STEVEN R. WEISMAN
Published: May 11, 2007

WASHINGTON, May 10 — European leaders have told the Bush administration
that Paul D. Wolfowitz must resign as president of the World Bank in order
to avoid a vote next week by the bank’s board declaring that he no longer
has its confidence to function as the bank’s leader, European officials said
Thursday.

The officials said the board was drafting a resolution reflecting its view that
the relationship between Mr. Wolfowitz and the governing body of the bank
had “broken beyond repair.” They noted that, if he remained in office, some
European countries were planning to reduce contributions to the World Bank
that would aid poor countries and instead would channel the money to
European agencies and other groups for distribution.

“The administration has been told that its battle to save Wolfowitz cannot
be won,” said a European official, who like others who discussed the matter
spoke on the condition of anonymity because the matter is confidential.
“His relationship with the board is not only damaged. It is broken.”

-snip-

Read more: http://www.nytimes.com/2007/05/11/washington/11wolfowitz.html?hp

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Also: Paul Wolfowitz working on rebuttal, but is it too late? - NY Times via IHT

[Hardrada]

1. Go, for the sake of God, go and be not long in thy leave-taking!

[CK_John]

2. When your goal is to wreck the WB and * hopes all the EU member quit why

would Wolfowitz be yanked. As far as * is concerned he is doing the job better than expected.

Remember you cannot shame the shameless.

[havocmom]

3. Call a vote, toss him off the island

or the roof. Whatever works.