Report: Wolfowitz broke World Bank rules

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World Bank President Paul Wolfowitz broke bank rules in arranging a hefty compensation package for his girlfriend, a situation that has caused a "crisis in the leadership" at the institution, according to a report released Monday by a special bank panel.

The special panel said the bank's full 24-member board must consider whether Wolfowitz "will be able to provide the leadership" to ensure that the bank achieves its mission of fighting poverty around the world.

The board will ultimately decide Wolfowitz's fate.

Board members have discussed a range of disciplinary options. It could fire Wolfowitz, ask him to resign, signal that it lacks confidence in his leadership or reprimand him. Board members have been leaning toward an expression of no confidence or other tough language that would make it difficult — if not impossible — for Wolfowitz to stay on.

http://news.yahoo.com/s/ap/20070515/ap_on_bi_ge/world_bank_wolfowitz