|You are here: HOME - Wolfowitz's defence: what's the outlook?||About - Get involved - Contact us|
Wolfowitz's defence: what's the outlook?
Wolfowitz's statement yesterday really repays careful reading. Posted here (PDF) late yesterday, you can see many comments already from site visitors. But what amazes me most about it is the way that Wolfowitz says he did nothing wrong on Riza, skips over several other issues in the Ad Hoc Group's report, then proceeds to admit that his overall management at the Bank has been a disaster.
In other words he is trying to wriggle off on the Riza charge, is silent on the dodgy messaging which has helped bring the Bank into disrepute. He admits that his relations with staff have long been in the dust and that he has made many mistakes that are surely much more serious than the conflicts of interest around his 'girlfriend'. His most telling admission is his over-reliance on advisers from outside, and failure to talk to Bank staff.
As many have argued this morning on our comments board this is too little, too late, and many many questions remain unanswered by Wolfowitz's defence.
U.S. government strategy
A Bank official explaints to the NYT: “The odds of this flying are very, very low,” said a senior bank official, speaking anonymously about sensitive internal discussions. “It is too little, too late. It might have been possible a day or two ago, but not after he was found guilty as charged of a whole slew of violations.”
I agree. As I argued in an article on Eurodad's website earlier today the Europeans should toughen their position, and demand that the anti-corruption crusader falls on his sword. In return, as negotiation will be required the Europeans should offer to forego appointing the next head of the IMF.
A devastating Guardian editorial today reminds readers of Europe's complicity in the gentleman's agreement which stitches up the heads of the Bank and Fund respectively. The Guardian leader points out that "Europe has resisted any change of this cosy arrangement for retiring politicians." Now is the time.
Alex Wilks ~ May 16, 2007
"Keep track of the rumored candidates, power plays and buzz."
Next & Previous
"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."
Zoellick bearhug photo.
Search this site
|© Copyright 2004 Powered by Movable Type 2.64|