THIS JUST IN: World Bank panel finds Wolfowitz guilty

It’s nice to see bad people held accountable. Finally.

From the NYT:

A committee of World Bank directors has formally notified Paul D. Wolfowitz that they found him to be guilty of a conflict of interest in arranging for a pay raise and promotion for Shaha Ali Riza, his companion, in 2005. The findings stepped up the pressure on Mr. Wolfowitz to resign….

It was not clear whether the committee, consisting of 7 of the bank’s 24 board members, would remove Mr. Wolfowitz from his post or, more likely, express a loss of confidence in his leadership in a manner that might persuade him to resign. Bank officials say that a majority of the bank board has concluded that he should go.

And guess what, now we’re paying a price for Bush putting Wolfie in this cushy job:

This official said that the overwhelming sentiment in Europe, as expressed in editorials, political commentaries and even web logs, was that European governments should never again let the United States pick the president of the World Bank all by itself.

Nice loss of prestige for the US, if we lose the prerogative of picking the Bank chief.


Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Instagram | Google+ | LinkedIn. John Aravosis is the Executive Editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown; and has worked in the US Senate, World Bank, Children's Defense Fund, the United Nations Development Programme, and as a stringer for the Economist. He is a frequent TV pundit, having appeared on the O'Reilly Factor, Hardball, World News Tonight, Nightline, AM Joy & Reliable Sources, among others. John lives in Washington, DC. .

Share This Post

© 2018 AMERICAblog Media, LLC. All rights reserved. · Entries RSS
CLOSE
CLOSE