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They fudged it! Development Committee chair Carstens just announced that the Committee is going to leave the decision to the board, as we predicted 20 minutes ago. His carefully-worded statement did refer to Bank staff concerns and risks to its credibility and to carrying out its mandate. He ended: "we expect the World Bank to adhere to high standards of governance". The full quote from the Development Committee communique is "We have to ensure that the Bank can effectively carry out its mandate and maintain its credibility and reputation as well as the motivation of its staff. The current situation is of great concern to all of us. We endorse the Board's actions in looking into this matter and we asked it to complete its work. We expect the Bank to adhere to a high standard of internal governance". Alex Wilks ~ April 15, 2007
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"Keep track of the rumored candidates, power plays and buzz." Next & Previous « Ministers can't leave the board to decide. | HOME | More details on government positions. » Categories "Offering the rumors and gossip usually reserved for Washington's bars and back rooms." WBpresident.org in the news Wolfowitz-Riza-Cleveland: New Evil-doing? "Accomplished and intelligent… sifts through the speculation and brings you the latest news." Recent Rumours Zoellick bearhug photo. Links The World Bank Search this site Archive
May 2007 
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