World Bank to meet this week on Wolfowitz future

Source: Reuters

06 May 2007 21:01:19 GMT
By Lesley Wroughton

WASHINGTON, May 6 (Reuters) - ~snip~

The bank's board of shareholder nations will meet as soon as Tuesday, possibly followed by a second meeting, to decide whether Paul Wolfowitz will be forced out or given the chance to negotiate his departure, according to board sources who declined to be identified. ~snip~

A special panel appointed by the board to investigate Riza's promotion will report its findings to the bank board this week, but board sources said there is too much damage done and Wolfowitz will have to go.

Board sources said on Sunday there was no evidence that the panel had completed its work, and no report had yet been widely circulated among the 24-nation board chaired by Germany. ~snip~

There are no rules to determine the dismissal of a World Bank chief because it never has happened before. The bank board has the authority to appoint and to fire the president, who is traditionally nominated by the United States. A decision could be made by consensus or determined by a simple majority vote of 51 percent. The United States holds around 16 percent. ~snip~

Read more: http://www.alertnet.org/thenews/newsdesk/N06293270.htm

Odd, I was just at the grocery store. I looked closely at the daily Globe & The Enquirer as I was waiting for my turn.

No sign of Wolfotwit on the Cover! Not even a photo of Girlie friend, kissing Mr. Charming.

Mondays are getting to be fun!

:thumbsup:

I don't want that bum to negotiate a damn thing.

I'd like to see everybody start standing up against neocon corruption.

If he is booted out on his ass, that's better.

her in the state dept - and she was paid more than the Secretary of State. And their relationship is no secret. And did I mention that no one approved of the raise - although I believe that raises at that level are supposed to be required to be approved? Why is "his future" (at least with the World Bank) even still a question?