who will be next World Bank President What will they do


Odds shorten on Paul Wolfowitz leaving. A Village Voice piece has some nice praise for us and an update on the web trading on whether Wolfowitz will resign. Staff at the World Bank - who excel at presenting numbers - will enjoy the chart below showing how Wolfowitz's stock has fallen in recent days. The numbers will concern the White House and US Treasury, however, who have clearly missed their best negotiating opportunity - their man is not just on the slide, he's on his back.

alt="Price for Paul Wolfowitz Resignation at intrade.com"
title="Price for Paul Wolfowitz Resignation at intrade.com" border="0">

As Ward Harkavy puts it: "the action on intrade.com is no spoof. And things are jumping. Capitalism can be so much fun".

He advises punters to check this site before putting their money down. I'd like to make clear that you part with your money at your own risk. But the pre-June 30th resignation looks a safe enough option right now.

Alex Wilks ~ May 10, 2007

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