Keyword: wolfowitz

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  • World Bank crisis becomes perilous

    05/10/2007 6:30:33 PM PDT · by Kitten Festival · 9 replies · 702+ views
    Financial Times ^ | 10 May 2007 | Editorial staff
    At some point even a sole superpower must recognise reality. Hopes for an effective presidency of the World Bank by Paul Wolfowitz are over. He must either go or be the lame-duck president of a deeply damaged institution. The special panel established to investigate Mr Wolfowitz's behaviour towards the re-assignment of his girlfriend has concluded that he violated rules governing conflict of interest. Mr Wolfowitz's lawyer demands sufficient time to prepare a rebuttal. This request should be granted to remove suggestions of a lack of due process. But if this concession is granted, the administration must accept the legitimacy of...
  • World Bank: Tainted boss

    05/10/2007 6:24:59 PM PDT · by Kitten Festival · 9 replies · 508+ views
    Seattle Post-Intelligencer ^ | 10 May 2007 | Editorial board
    At the start of this week, European officials signaled that they'd had enough of World Bank president Paul Wolfowitz's dragging down the good name of the fine institution. It's only taken them two years to get on top of the situation, assemble a panel and offer Wolfowitz a deal if he steps down after it was revealed that he violated World Bank rules by rigging a raise and a promotion for his girlfriend, Shaha Riza, in 2005. For the past month, these violations have hit the media, and cries for his resign have grown into slightly louder cries. The man...
  • Rice Launches Wolfowitz Defense

    05/10/2007 2:38:57 AM PDT · by CutePuppy · 5 replies · 547+ views
    Wall Street Journal ^ | May 10, 2007 | Neil King Jr. and Greg Hitt
    WASHINGTON -- Secretary of State Condoleezza Rice has launched a behind-the-scenes campaign in defense of World Bank President Paul Wolfowitz against calls he relinquish his job. While President Bush and other senior administration officials have publicly praised Mr. Wolfowitz, Ms. Rice has begun a quiet but concerted effort to reverse low European support for his leadership. Over the last week, Ms. Rice "spoke with several European foreign ministers about her positive impression of Paul Wolfowitz and the job he is doing at the World Bank," said State Department spokesman Sean McCormack. Other U.S. officials said the involvement of the U.S.'s...
  • Wolfowitz and Clinton

    05/09/2007 11:29:13 PM PDT · by Kitten Festival · 7 replies · 749+ views
    The Jakarta Post ^ | 10 May 2007 | Editorial
    World Bank President Paul Wolfowitz is looking increasingly like former U.S. president Bill Clinton. Both are global public figures who became infamous for scandals involving women. As we all know, president Clinton fought tooth and nail and emerged as gracefully as could be expected from his scandal involving White House intern Monica Lewinsky. Not only did he escape impeachment, but most of all Clinton delivered prolonged prosperity to America. Much of America and the world seem to have forgiven him and many even adore him. Wolfowitz seems to have learned something from Clinton. Despite the intense pressure from within and...
  • Axis of Soros

    05/08/2007 11:20:54 PM PDT · by april15Bendovr · 26 replies · 1,116+ views
    Axis of Soros May 9, 2007; Page A16 Mark Malloch Brown spoke Monday to a crowded auditorium at the World Bank's headquarters, warning that the bank's mission was "hugely at risk" as long as Paul Wolfowitz remained its president. Only hours earlier, news leaked that a special committee investigating Mr. Wolfowitz had accused him of violating conflict-of-interest rules. A coincidence? We doubt it. Mr. Malloch Brown, remember, was until last year Kofi Annan's deputy at the United Nations. In that position, he distinguished himself by spinning away the $100 billion Oil for Food scandal as little more than a blip...
  • The Whistleblowers' Tale (The real disgrace at the World Bank.)

    05/08/2007 12:30:48 AM PDT · by CutePuppy · 7 replies · 700+ views
    WSJ / OpinionJournal.com ^ | May 8, 2007 | Bret Stephens
    In the summer of 1997, two senior World Bank officials published an academic article under the cheerful title, "Africa on the Move: Attracting Private Capital to a Changing Continent." The authors, Jean-Louis Sarbib of France and Callisto Madavo of Zimbabwe, were responsible for the bank's work in Africa, and they took an optimistic view. "A new spirit of social and economic progress has energized much of the region," they wrote, "and gradually the rest of the world is beginning to take notice." Among the bank's own contributions to this African Renaissance, as it was then being billed, was something called...
  • Deal Is Offered for Chief’s Exit at World Bank

    05/07/2007 8:11:53 PM PDT · by freedomdefender · 25 replies · 1,103+ views
    NY Times ^ | May 7, 2007 | Steven R. Weisman
    Leading governments of Europe, mounting a new campaign to push Paul D. Wolfowitz from his job as World Bank president, signaled Monday that they were willing to let the United States choose the bank’s next chief, but only if Mr. Wolfowitz stepped down soon, European officials said. European officials had previously indicated that they wanted to end the tradition of the United States picking the World Bank leader. But now the officials are hoping to enlist American help in persuading Mr. Wolfowitz to resign voluntarily, rather than be rebuked or ousted. The goal, they said, is to avert a public...
  • The Wolfowitz affair and its consequences

    05/07/2007 6:51:36 AM PDT · by ricks_place · 7 replies · 882+ views
    The Financial Times ^ | May 6 2007 | Joseph Stiglitz
    The current crisis at the World Bank is a chance finally to fix the governance problems at the world’s major institution for promoting development. It is time for the US to give up its hold on picking the president of the bank and for Europe to give up its grip on choosing the president of the International Monetary Fund. Had the process of picking the president been truly democratic and fair in the first place, it is almost certain that Paul Wolfowitz would never have been selected. There is now a global consensus that Mr Wolfowitz will have to leave...
  • World Bank :Infinite Rules, Infinite Discretion

    05/03/2007 6:57:49 PM PDT · by the Real fifi · 3 replies · 282+ views
    The American Thinker ^ | 5/03/07 | clarice feldman
    Clarice Feldman Paul Wolfowitz noted the inconsistency in the application of the World Bank's conflict of interest position. It had permitted the wife of former Bank Managing Director Zheng to remain in her position, but required that Shaha Riza, his significant other, leave the Bank. Zheng has filed a facially preposterous response. Law professor Kenneth Anderson wrote: The Bank's rules, according to Zhang - and presumably he should be in a position to know as the Bank's number two manager - permitted "husbands and wives to work at the bank under circumscribed conditions, which he said he followed, but that...
  • Under-fire Wolfowitz asks U.S. to give school aid

    05/02/2007 1:07:08 PM PDT · by Kitten Festival · 10 replies · 360+ views
    Reuters, via ABC News ^ | 2 May 2007 | Staff
    BRUSSELS (Reuters) - The head of the World Bank brushed aside calls to quit on Wednesday and urged the United States and other rich countries to honor funding promises for a plan to help all the world's young children attend school. Paul Wolfowitz declined to comment on calls from some U.S. politicians for him to resign. A former head of a World Bank ethics panel said on Tuesday Wolfowitz broke staff rules when he intervened directly in the personnel matters of his girlfriend.
  • The Price Of 'We Know Best'

    05/02/2007 10:07:01 AM PDT · by Kitten Festival · 4 replies · 444+ views
    Real Clear Politics ^ | 2 May 2007 | David Ignatius
    Reading some of the shrill comments posted online by World Bank staffers expressing (anonymously) their loathing for Paul Wolfowitz, you can understand why the bank president feels he has been the victim of a " smear campaign." But in taking the role of wounded victim, Wolfowitz seems blind to his own mistakes, which have had ruinous consequences for a great institution. Wolfowitz has failed at the World Bank not because his underlings were out to get him (though many probably were) but because he treated the organization itself as an enemy. He saw its professional staff as an impediment to...
  • The man going after Wolfowitz

    05/02/2007 9:03:00 AM PDT · by Kitten Festival · 6 replies · 382+ views
    The American Thinker ^ | 2 May 2007 | Clarice Feldman
    Since the chief antagonist of Paul Wolfowitz on the matter of the settlement is Ad Melkert then head of the World Bank's Ethics Committee, readers might be interested in knowing what he is up to now. From the Inner City Press: UN sources continue to express surprise that Mr. Melkert's hiring of Eelco Keij, an operative from his political party, the Dutch Labor Party, has not triggered any formal review by UNDP or its Executive Board. And beyond direct personal conflicts of interest, these UN insiders enumerate Mr. Melkert's incongruous talk but no action on issues of ethics at UNDP...
  • The Man Going After Wolfowitz

    05/02/2007 8:33:24 AM PDT · by the Real fifi · 14 replies · 518+ views
    The American Thinker ^ | 5/2/07 | clarice feldman
    May 02, 2007 The man going after Wolfowitz Clarice Feldman Since the chief antagonist of Paul Wolfowitz on the matter of the settlement is Ad Melkert then head of the World Bank's Ethics Committee, readers might be interested in knowing what he is up to now. From the Inner City Press: UN sources continue to express surprise that Mr. Melkert's hiring of Eelco Keij, an operative from his political party, the Dutch Labor Party, has not triggered any formal review by UNDP or its Executive Board. And beyond direct personal conflicts of interest, these UN insiders enumerate Mr. Melkert's incongruous...
  • Adviser to Wolfowitz Faces Similar Accusations

    05/02/2007 7:22:59 AM PDT · by the Real fifi · 11 replies · 406+ views
    The NY Sun ^ | 4/20.07 | beni avni
    UNITED NATIONS — With Washington critics increasingly directing their attacks at the management style of the World Bank's president, Paul Wolfowitz, a key figure in the battle over his post is the target of similar accusations. A former chairman of the World Bank's ethics committee, Ad Melkert, advised Mr. Wolfowitz on employing his girlfriend, who was serving as a top bank official when Mr. Wolfowitz became president. His advice, confirmed by documents released by the bank, has become a key component in the struggle over leadership of the World Bank, which has involved accusations that Mr. Wolfowitz's management style has...
  • Official Statements of Shahe Riza and Paul Wolfowitz

    05/01/2007 3:32:31 PM PDT · by the Real fifi · 10 replies · 570+ views
    The American Thinker ^ | 5/01/07 | clarice feldman
    Clarice Feldman Monday Shaha Riza and Paul Wolfowitz made their clearest most detailed and powerful statements to the World Bank. I was fortunate enough to be able to obtain in pdf format copies of their statements to share with American Thinker readers. Any errors in grammar or in transcription from the originals are my fault alone. Clarice Feldman SHAHA RIZA STATEMENT BOARD OF EXECUTIVE DIRECTORS, AD HOC COMMITTEE April 30,2007 I come before you today with my counsel, Victoria Toensing, at your request to assist you and the World Bank in resolving a problem that is not of my making....
  • Why Wolfowitz Should Stay

    05/01/2007 12:32:28 PM PDT · by dervish · 23 replies · 837+ views
    NY Times ^ | 5/1/07 | NUHU RIBADU
    FOR the past few weeks, the world has been riveted by the difficulties of Paul Wolfowitz, president of the World Bank, regarding a potential conflict of interest involving the salary of his partner, also a senior official there. With the bank’s board deliberating this week over how to handle the charges, the controversy now needlessly and regrettably threatens Mr. Wolfowitz’s presidency, which has been largely defined by his energetic support for a new Africa that is struggling to emerge. Over the last two years, Mr. Wolfowitz has effectively directed the bank’s energies toward fighting poverty and improving human life. He...
  • Ex-UN deputy to help run Soros fund

    05/01/2007 12:12:24 AM PDT · by Kitten Festival · 6 replies · 625+ views
    Financial Times ^ | 1 May 2007 | David Wighton
    Sir Mark Malloch Brown, who recently stepped down as deputy secretary-general of the United Nations, has been appointed vice-chairman of his friend George Soros’s hedge fund company. Sir Mark will also serve as vice-chairman of the billionaire philanthropist’s Open Society Institute, which promotes democracy and human rights, particularly in eastern Europe and the former Soviet Union. In a letter to shareholders in his Quantum hedge funds, Mr Soros said Sir Mark would provide advice on a variety of issues to him and his two sons, who now run the company on a day-to-day basis. “With his extensive international contacts, Malloch...
  • World Bank's Wolfowitz stands firm

    04/30/2007 12:32:47 PM PDT · by Kitten Festival · 7 replies · 540+ views
    Reuters ^ | 30 April 2007 | Reuters
    WASHINGTON (Reuters) -- World Bank President Paul Wolfowitz lashed back at critics Monday who he alleged were conducting a "smear campaign" against him and vowed he would not resign over what he termed unfair charges. In a statement to an investigating bank panel looking into whether he broke ethical and other rules in a pay-and-promotion deal he directed for his girlfriend, Wolfowitz said the treatment of the issue has become "circus like." Video More video Iraq war architect clings to his World Bank job amid a corruption probe. CNN's Zain Verjee reports (April 20) Play video "I, for one, would...
  • Duth Rub-Out

    04/30/2007 7:18:01 AM PDT · by the Real fifi · 5 replies · 265+ views
    WSJ ^ | 4/30/07 | Editors
    World Bank President Paul Wolfowitz faces an "ad hoc committee" investigating his alleged ethics violations today, but it seems the committee has reached its conclusions even before he has a chance to defend himself. This fits the pattern of what is ever more clearly a Euro-railroad job. On Saturday, the Washington Post cited "three senior bank officials" as saying that the committee has "nearly completed a report" concluding that Mr. Wolfowitz "breached ethics rules when he engineered a pay raise for his girlfriend." The Post also reported that, "According to bank officials, the timing of the committee's report and its...
  • Wolfowitz and World Bank look to avoid confrontation

    04/29/2007 6:07:00 PM PDT · by Kitten Festival · 54 replies · 809+ views
    International Herald Tribune ^ | 29 April 2007 | Steve Weisman
    WASHINGTON: On the eve of what appeared likely to be an ugly showdown between Paul Wolfowitz, president of the World Bank, and the bank's board of directors, both sides were increasingly talking about trying to avert a confrontation that could cripple the bank and its mission of aiding poor countries. For a week at least, the bank's board has seemed determined to force Wolfowitz out on grounds that he showed favoritism to his companion, a bank employee, in giving her a raise and promotion when he became bank president in 2005. More recently, however, there has been talk at the...
  • WSJ also proposes Stanley Fischer for World Bank

    04/29/2007 11:29:43 AM PDT · by Kitten Festival · 10 replies · 325+ views
    Haaretz ^ | 29 April 2007 | TheMarker
    As Paul Wolfowitz battles to keep his position as president of the World Bank after a nepotism scandal, speculation mounts that the U.S. may lose its hegemony over appointing the poverty-fighting institution's leader. More - that perhaps it should stop appointing Americans. The Wall Street Journal became the second publication of repute to suggest Stanley Fischer for the position. His isn't the first name the paper suggests, but it makes a case that he's unique, in being a non-American born American that the member coutries of the World Bank might find "less divisive". The first was the London-based weekly The...
  • Far Past Time to Go

    04/28/2007 11:16:11 AM PDT · by Kitten Festival · 7 replies · 362+ views
    The New York Times ^ | 28 April 2007 | Editorial
    It is hard to figure out what Paul Wolfowitz is telling himself as he wages an unseemly fight to hang on to his job as head of the World Bank. Any hope he had of reforming the bank has evaporated in the face of allegations of conflicts of interest and undeniably poor judgment. Any hope of expiating his sins for the disastrous Iraq war have also disappeared as once again he stubbornly denies reality and the damage that denial is causing to his reputation and to the bank’s ability to do its work. In the latest no-confidence clamor, some 40...
  • Bloomberg and the Gongo's Din

    04/27/2007 3:13:07 PM PDT · by the Real fifi · 1 replies · 203+ views
    The American Thinker ^ | 4/27/07 | clarice feldman
    <p>World Bank employees who lead the agency's drive to battle corruption in poor nations urged ``clear and decisive actions'' to decide the future of President Paul Wolfowitz.</p> <p>"We are deeply concerned by the impact of the current leadership crisis on the bank's credibility and authority,'' said the letter to Wolfowitz and the bank's board, signed by 46 employees. ``Our own governance standards must be upheld and enforced impartially and without exception,'' the letter said, ``even when they touch the highest levels of this institution.''</p>
  • Africans for Wolfowitz (WSJ Editorial)

    04/26/2007 11:21:59 PM PDT · by The Pack Knight · 6 replies · 376+ views
    The Wall Street Journal ^ | 27 April, 2007 | Peter Berkowitz
    One of the most revealing subplots in the European coup attempt against World Bank President Paul Wolfowitz is who is coming to the American's defense. The rich European donor countries want him to resign, while the Africans who are the bank's major clients are encouraging him to stay. SNIP Sub-Saharan Africa is the world's poorest region, and Mr. Wolfowitz has appropriately made it his top priority. On his first day on the job, he met with a large group of African ambassadors and advocates. His first trip as bank president was a swing through Burkina Faso, Nigeria, Rwanda and South...
  • Wolfowitz fights back

    04/26/2007 10:15:24 AM PDT · by SirLinksalot · 11 replies · 630+ views
    The American Thinker ^ | 04/26/2007 | Clarice Feldman
    The New York Times reports that "Paul D. Wolfowitz accused the bank's board on Wednesday of treating him 'shabbily and unfairly,'and appealed for more time to defend himself against allegations of favoritism and other matters," indicating the Directors were taken aback by his forceful demand for fair treatment. The incident which was used to smear him--the false accusations of mishandling the settlement contract with Ms Riza,-- appears to have been a red herring. The paper notes: "[T]he bank's board is also investigating allegations that he has relied on a small coterie of aides, also with high salaries, and that he...
  • The World Bank: Worse than Wolfowitz

    04/24/2007 7:38:16 PM PDT · by Kitten Festival · 19 replies · 792+ views
    Harper's ^ | 23 April 2007 | Ken Silverstein
    Paul Wolfowitz's conduct at the World Bank is outrageous and he deserves to be fired—although, let's face it, any woman who would sleep with him does deserve a raise—but let's not be romantic about his Bank opponents. To hear it from them, once Wolfie is out the door, the Bank will get back to its core mission. If by core mission they mean rewarding corrupt, Third World elites and making the poor poorer, I think they'd be correct. There are few organizations that have done more harm to the people of the planet than the World Bank. During the 1960s...
  • Wolfie's Bank

    04/23/2007 2:25:21 PM PDT · by streetpreacher · 19 replies · 739+ views
    Human Events Online ^ | 04/17/2007 | Patrick J. Buchanan
    Barracks language edited out, Tommy Franks once referred to the Pentagon's No. 3, Doug Feith, as "the dumbest guy on the planet." It now appears Gen. Franks' honorific better applies to Feith's boss, the Pentagon No. 2, Paul Wolfowitz. For a man once hailed as the brightest of the neocons, Wolfie has behaved with a stupidity born of the arrogance of power. Hailed in 2003 as architect of the Iraq victory, Wolfowitz, by late 2004, was being singled out as the bumbler of postwar planning and the man most responsible for what Gen. William Odom was already calling the greatest...
  • Nepotism, Wolfowitz and the UN

    04/22/2007 10:10:21 PM PDT · by the Real fifi · 4 replies · 454+ views
    NY Sun ^ | 4/23/07 | Benny Avni
    I'm shocked, shocked to hear there is nepotism at the World Bank. Well, maybe not all that shocked. Until 2005, the wife of the bank's managing director, Shengman Zhang of China, worked directly under him. The bank also employed a brother of its chief economist and senior vice president, Nicholas Stern of Britain, violating its own rule against employing siblings.
  • Scandal ‘threatens role of World Bank’

    04/22/2007 4:35:15 PM PDT · by Kitten Festival · 44 replies · 1,051+ views
    The Financial Times ^ | 22 April 2007 | Krishna Guha and Eoin Callan
    The independent agency charged with assessing the effectiveness of the World Bank has issued a searing indictment of Paul Wolfowitz’s leadership, warning that his actions are undermining the bank’s ability to pursue development work. In a formal statement, which the bank’s board will consider this week, the Independent Evaluation Group said “development effectiveness is being jeopardised by serious governance problems that have recently come to light”. The IEG statement comes as the board prepares to reach a judgment as to whether Mr Wolfowitz broke bank rules or ethics when he ordered its human resources chief to give his girlfriend Shaha...
  • Wolfowitz doesn't know when to quit

    04/22/2007 4:26:47 PM PDT · by Kitten Festival · 22 replies · 895+ views
    The Bangkok Post ^ | 22 April 2007 | Margaret Carlson
    In the real world, it takes about a week for someone who has disgraced himself like radio talk-show host Don Imus to lose his job. In Washington, World Bank president Paul Wolfowitz and Attorney-General Alberto Gonzales hang on to their jobs for what seems like forever. Mr Wolfowitz was caught dissembling about how his girlfriend, World Bank employee Shaha Riza, got a raise that was double the size allowed and a guarantee of glowing reviews when she moved from the bank to the State Department to avoid cronyism charges. His legal team was unwilling to bend the rules, so he...
  • Trouble at the World Bank

    04/21/2007 10:07:47 PM PDT · by the Real fifi · 19 replies · 774+ views
    The Washington Post ^ | 4/22/07 | editors
    Unfortunately, that thumbnail sketch [of Ms.Riza's cxompensation package]omits some highly relevant facts. It was Mr. Wolfowitz who, before taking over at the bank, called the potential conflict of interest to the attention of the bank's ethics committee. He asked to be recused from any personnel decisions involving Ms. Riza. The committee agreed that a conflict existed, but it said that could probably be solved only by Ms. Riza leaving the bank, either permanently or on loan to another agency. The committee also told Mr. Wolfowitz that, if she chose to go elsewhere, Ms. Riza should be given a raise because...
  • Dept. Of Sweetheart Deals: Does He Hear the World's Poor? Don't Bank on It.

    04/21/2007 8:43:45 AM PDT · by Kitten Festival · 16 replies · 721+ views
    The Washington Post ^ | 21 April 2007 | William Easterly
    Pity Paul Wolfowitz: Every time he tries regime change, he triggers an insurrection. The latest revolt was launched by World Bank staffers and Western aid leaders in response to the revelation that Wolfowitz -- who had made a crusade against corruption the hallmark of his bumpy tenure as president of the World Bank -- may have awarded his companion a $60,000 pay increase. A staff that had always hated working for the intellectual architect of the Iraq war was now quite literally shouting for his resignation, and Wolfowitz was left wandering the corridors of the bank looking for a Green...
  • Time to go, Mr. Wolfowitz

    04/20/2007 10:25:11 PM PDT · by Kitten Festival · 15 replies · 717+ views
    The Japan Times ^ | 20 April 2007 | Editorial staff
    World Bank President Paul Wolfowitz is embroiled in scandal. A controversy surrounding the treatment given his girlfriend, another World Bank employee, has damaged Mr. Wolfowitz's credibility and that of the institution he heads. Mr. Wolfowitz may gain approval to stay on, but continuing in his post would be a mistake if he truly believes in the bank's mission. Mr. Wolfowitz went to the World Bank after serving four years as the U.S. deputy secretary of defense, the number two in the Pentagon. While Mr. Wolfowitz was one of the intellectual architects of the Iraq war, he also served as ambassador...
  • World Bank Scandal: Expanding The Investigation

    04/20/2007 3:57:03 PM PDT · by Kitten Festival · 365+ views
    World Bank President ^ | 20 April 2007 | A Washington Source
    .... there is also the hint of looking into "..the contract of the President". ... that clearly means that this investigation is expanding to include other hires by Wolfowitz, read , Robin Cleveland, Kevin Kellems, Carl Jackson, and Ana Palacio... But what does all this mean?... here is my take ... - The board has reasons to believe there is at least the possibility that there is a pattern of abuse by Wolfowitz. - A signal to Washington that, if the U.S. continues to support Wolfowitz, this investigation can drag on, and can devoir other former U.S. officials, i.e. Robin...
  • Sidelined by Reality (Barf? Or Not?)

    04/20/2007 1:08:45 PM PDT · by Sleeping Beauty · 23 replies · 658+ views
    The Economist ^ | Apr 19th 2007 | Kevin Kallaugher
    THE American legal system has rediscovered the virtue of one of the most ancient forms of punishment—public humiliation. Prostitutes' “Johns” can now have their names aired on television. Mail thieves can find themselves wearing a sandwichboard giving full details of their crime. And people who deface Nativity scenes can end up parading through town accompanied by a donkey. And neoconservatives? These too, it seems, are now being subjected to a grand exercise in public humiliation. Paul Wolfowitz is hanging on to his job at the World Bank by his fingernails. Lewis “Scooter” Libby, a Wolfowitz protégé, is facing prison; Douglas...
  • Leader of World Bank Staff Group Becomes Wolfowitz's Chief Nemesis

    04/19/2007 11:05:13 PM PDT · by Kitten Festival · 5 replies · 551+ views
    The Washington Post ^ | 19 April 2007 | Krissah Williams
    World Bank employees depict their attempt to bring down bank President Paul D. Wolfowitz in epic proportions, casting themselves as David to the president's more powerful Goliath. The staff member throwing the stones is Alison Cave, a little-known urban planner who chairs the bank's staff association. Cave has gained notoriety in the bank by taking the unprecedented step of seeking a bank president's resignation. Wolfie's Cave-Woman Nightmare
  • The Real World Bank Scandal

    04/19/2007 9:26:06 PM PDT · by the Real fifi · 30 replies · 735+ views
    WSJ ^ | 4/20/07 | Robert B Holland III
    Those interested in the success of the World Bank should be under no illusion as to what is really motivating the staff revolt now playing out and what the consequences are likely to be. Many are opposed to Mr. Wolfowitz's anti-corruption emphasis, some on the good faith basis that he is placing disproportionate emphasis on the issue at the expense of other development priorities. Others, however, are opposed on the selfish basis that elevating anticorruption and governance considerations will result in lower lending levels and more difficult negotiations with borrowing governments. Still others may fear exposure of corruption among staff...
  • Bush draws up list of candidates to replace Wolfowitz

    04/19/2007 4:25:11 PM PDT · by Kitten Festival · 4 replies · 662+ views
    The Times (U.K.) ^ | 19 April 2007 | Gabriel Rozenberg
    The future of Paul Wolfowitz, the embattled President of the World Bank, was in further jeopardy last night after it emerged that the White House was drawing up a list of candidates to succeed him. Most prominent on th list is Ashraf Ghani, the man credited with overhauling the economy of Afghanistan after September 11, The Times has learnt. Such an appointment would mark the first time a nonAmerican has held the position in the 60-year history of the global lender. Senior officials in the US Administration have noted that the White House is softening the tone of its support...
  • ‘1984’ Mash-Up Creator Parodies Wolfowitz

    04/19/2007 2:15:39 PM PDT · by Kitten Festival · 2 replies · 363+ views
    Politico ^ | 19 April 2007 | Jean Chemnick
    Phil de Vellis, the creator of the anti-Hillary Rodham Clinton ad that has been seen on YouTube.com more than 3 million times, is coming out with a new video mash-up. This time de Vellis' target is World Bank President Paul Wolfowitz, accused of improperly being involved in a promotion and pay raise for his girlfriend, who was an employee of the bank when Wolfowitz came on board. The clip, called "The Bank," is a parody of the TV show "The Office," said Ben Wikler, campaign director for Avaaz.org, which is sponsoring the video. The mash-up will be posted on the...
  • Will there be life after Wolfowitz?

    04/19/2007 11:05:16 AM PDT · by Kitten Festival · 3 replies · 451+ views
    The Economist ^ | 19 April 2007 | Staff
    WHEN Paul Wolfowitz was named as president of the World Bank just two years ago, optimists compared him to another of the Pentagon's controversial sons, Robert McNamara. Perhaps, like the mastermind of the Vietnam war, Mr Wolfowitz would quit the rubble of a failed conflict to build a righteous empire of aid. But now Mr Wolfowitz is likened less to a benign emperor than to Caesar's suspect spouse. As recrimination swirls around him, squabbles over his future are dragging on. As The Economist went to press, the bank's executive directors—civil servants who oversee the bank on behalf of member governments—had...
  • Wolfowitz Offers to Make Changes

    04/19/2007 7:26:02 AM PDT · by Kitten Festival · 17 replies · 592+ views
    The Washington Post ^ | 19 April 2007 | Karen DeYoung
    Besieged by rising calls for his resignation, World Bank President Paul D. Wolfowitz met with the institution's senior management team behind closed doors yesterday to acknowledge problems with his leadership and offer to make significant front-office changes, several knowledgeable bank sources said. When one participant suggested that Wolfowitz's departure would resolve the problems, Wolfowitz replied that he had no plans to resign and that leaving "under the current circumstances" would not help the institution. Instead, he offered to change his management style and the "structure" of his office. Several officials interpreted that as willingness to remove or limit the authority...
  • Wolfowitz deputy urges him to quit

    04/18/2007 6:23:21 PM PDT · by Kitten Festival · 16 replies · 644+ views
    The Financial Times ^ | 18 April 2007 | Krishna Guha and Eoin Callan
    One of Paul Wolfowitz’s two deputies on Wednesday urged the World Bank president to resign as the civil war inside the institution reached top management. Graeme Wheeler, managing director, made his call in front of all the bank’s top officials at an extraordinary session of their regular weekly meeting. It is understood that other top managers of vice-president rank also suggested Mr Wolfowitz should go. But Mr Wolfowitz – who has been under growing pressure following revelations that he was personally involved in securing a big pay rise as part of a secondment package to the US state department for...
  • Bush administration finally gets its own sex scandal

    04/18/2007 4:13:21 PM PDT · by Kitten Festival · 49 replies · 1,714+ views
    Scripps News ^ | 18 April 2007 | Scripps News
    The Bush administration has had its scandals _ conflict of interest, incompetence, influence peddling, political vendettas _ but it's never had a sex scandal. Until now. And it's a most unlikely Lothario _ World Bank President Paul Wolfowitz.
  • Top deputy tells Wolfowitz to step down- sources

    04/18/2007 3:51:44 PM PDT · by Kitten Festival · 8 replies · 527+ views
    Reuters ^ | 18 April 2007 | Staff
    WASHINGTON (Reuters) - A deputy to Paul Wolfowitz told the World Bank chief on Wednesday to resign in the interests of the institution during a meeting of the bank's management, sources who participated in the meeting said. The sources told Reuters that World Bank Managing Director Graeme Wheeler, a bank veteran who was appointed by Wolfowitz as one of his two deputies a year ago, raised the issue at a meeting of the bank's vice presidents. Asked to comment, World Bank spokesman Marwan Muasher said: "I feel it is inappropriate to comment on private meetings."
  • Wolfowitz = Swaggart, Chap. 1

    04/17/2007 11:42:35 PM PDT · by Kitten Festival · 37 replies · 947+ views
    The Atlantic Monthly ^ | 16 April 2007 | James Fallows
    was wrong to suggest that Paul Wolfowitz was like Robert McNamara. That is disrespectful to McNamara. The better comparison is to Jimmy Swaggart. Let me explain, through the roundabout medium of Norman Podhoretz. Long ago, in the unbelievably frigid days in Washington just before Ronald Reagan was sworn in, by chance I met Podhoretz at a pre-inauguration party. He was then the editor of Commentary magazine and a big, fervent figure in developing what we would come to know as neo-conservatism. Two important allies in this cause were his wife, Midge Decter, and son in law, Elliott Abrams, later of...
  • A Conservative Case for Replacing Paul Wolfowitz

    04/17/2007 9:55:41 PM PDT · by Kitten Festival · 11 replies · 585+ views
    The American Spectator ^ | 18 April 2007 | Doug Bandow
    The latest "scandal" to hit the Bush administration involves Paul Wolfowitz, deputy defense secretary turned World Bank president. But forget his missteps in handling his girlfriend's departure from the Bank. His biggest mistake has been failing to recognize that the Bank has lost its raison d'etre. That is reason enough to choose new leadership. Bank lending programs have consistently failed; the world is awash in private investment capital. The status quo is no longer sustainable. Wolfowitz was a poor choice from the start. He never was particularly interested in international development. Before signing on as president, he demanded a sufficient...
  • Unacceptable Impropriety

    04/17/2007 11:11:18 AM PDT · by Kitten Festival · 12 replies · 629+ views
    The Washington Times ^ | 17 April 2007 | Editorial staff
    President Paul Wolfowitz of the World Bank should apologize once more (since multiple apologies are the norm) for succumbing to the petty temptation of favoritism, and step down. His work to arrange a State Department job with unreasonable promotions and raises for his girlfriend, Shaha Riza, an employee of the World Bank when Mr. Wolfowitz took over in 2005, are clearly unethical. Such impropriety is particularly unacceptable in an organization that strives to reduce poverty and promote development through good governance. Mr. Wolfowitz's agenda for the bank is the right one, but he has surrendered his ability to pursue it....
  • Resign, step aside, go (Barf alert)

    04/17/2007 11:02:40 AM PDT · by jazusamo · 22 replies · 688+ views
    The Seattle Times ^ | April 17, 2007 | Editorial
    The U.S. government has zero investment in retaining Paul Wolfowitz as president of the World Bank, but millions of poor people rely on the economic health and credibility of the institution. Wolfowitz is an impediment, a liability, who ought to be sacked if he is too dense and proud to quickly step aside. He is in trouble because he lied about getting his girlfriend a promotion and pay raises after she left the World Bank for a job at the State Department when he became president of the international lending organization. Over the weekend, the board of the 185-member World...
  • Sliming Wolfowitz

    04/17/2007 10:52:00 AM PDT · by Kitten Festival · 19 replies · 683+ views
    Slate ^ | 17 April 2007 | Christopher Hitchens
    We know no spectacle so ridiculous," wrote Macaulay about the vilification of Lord Byron, "as the British public in one of its periodical fits of morality." Change the word "ridiculous" to "contemptible," and the words "British public" to "American press," and you have some sense of the eagerness for prurience, the readiness for slander, and the utter want of fact-checking that have characterized Paul Wolfowitz and Shaha Riza as if they were not only the equivalent of Byron seducing his half-sister, but as if they were financing their shameless lasciviousness out of the public purse and the begging bowls of...
  • The Wolfowitz Set-up:Just Say No

    04/16/2007 10:39:46 PM PDT · by the Real fifi · 27 replies · 1,062+ views
    The American Thinker ^ | 4/17/07 | Clarice Feldman
    When it comes to media reports of bad conduct by Administration officials and appointees, it is a good idea to Just Say No to the first accounts you read. Chances are the story was cooked up and peddled by political partisans (often one way or another funded by George Soros) or that disgruntled bureaucrats leaked to a lazy, gullible, if not complicit, press. The media conniption fit over Paul Wolfowitz' supposed "conflict of interest" at the World Bank is a prime example. Based over on claims by disgruntled staffers, non-government agencies and some World Bank officials, the Financial Times painted...