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Wolfowitz's Resignation in the Works

According to the Associated Press (via the Minneapolis/St. Paul Star Tribune):

Embattled World Bank President Paul Wolfowitz is negotiating an agreement to resign, according to an official familiar with the talks.

His departure would include an acknowledgment from the bank that he doesn't bear sole responsibility for the controversy surrounding a generous pay package for his girlfriend, the official said.

The negotiations were taking place as the bank's board resumed deliberations over Wolfowitz's fate Wednesday afternoon.

The official said Wolfowitz wanted the bank to accept some responsibility for conflicts of interest cited against him by a special bank panel. The official spoke on condition of anonymity because of the delicate state of the negotiations.

It was not clear whether the bank's 24-member board would accept Wolfowitz's terms.

Wizbang Blue predicted this yesterday. At a time most all news sources were trumpeting the White House's support for Wolfie, we were saying the opposite.

Note: Wizbang Blue is now closed and our authors have moved on. Paul Hooson can now be found at Wizbang Pop!. Please come see him there!

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Comments (1)

Steve Crickmore:

Larkin, this is par for the course for the neo-cons. I'm writing about another one now Elliot Abrams. Wolfie's string of failures go back along way, to when he was ambassador to Indonesia. From Wikipedia:
"The Indonesian invasion into East Timor was launched over the western border on 16 October 1975. The day before the invasion of Dili and subsequent annexation, U.S. President Gerald Ford and Secretary of State Henry Kissinger had met President Suharto in Jakarta where Ford made clear that "we will not press you on the issue." Paul Wolfowitz was US ambassador to Indonesia at the time. "Indonesian rule in East Timor was marked by extreme violence and brutality.."
At least a few hundred thousands people didn't lose their lives at the World Bank, because of the consequences of the descions he took part in, as they did in Indonesia and Iraq. That's the best thing you could say about him.


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Editors: Lee Ward, Larkin, Paul S Hooson, and Steve Crickmore

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