who will be next World Bank President What will they do


Board adjourns meeting At the request of the US, the 24-member Board deliberating Wolfowitz discipline options has adjourned until 2:30 p.m. (1830 GMT) reports Reuters. It mentions also that the US has withheld its endorsement of the Report from the Ad Hoc Panel

This is a bit surprising when the Board has issued a statement that the "US needs to take responsibility for their man" according to Wolfowitzmustresign Blog:
"World Bank board members expressed their irritation today at attempts by the White House to cut a back room deal yesterday in the Wolfowitz debacle and said that the Bush administration needed to step up and take responsibility for their appointee."

Is it because the WH is shifting again in its support for their boy?
"This has certainly been a bruising episode for the bank, and what you have to do is figure out a way forward to maintain the integrity of the institution," White House press secretary Tony Snow said. "And, therefore, when you do it, you're going to discuss everything. That's what you would normally do," he added.

May be it would be worth their while to read the following article by Michael Goldfarb: Wolfowitz: A View From the Other Side of the Atlantic

But no matter what the apologists say, the hot-air inflating the scandal and the pressure for Wolfowitz to resign are not about payback for Iraq. It is about something they - the Washington crowd - just don't get.

You can't preach anti-corruption and be seen not to practice what you preach. You can't look at African leaders with wives, children, cousins and their children, and families of key cronies all on the payroll and be making special arrangements for your domestic partner and hiring political hacks whose sole qualification for the work seems to be loyalty to President Bush. It's called hypocrisy, and while "hypocrisy" isn't an indictable crime, it makes reforming an institution like the World Bank and insisting on better governance to the recipients of its loans virtually impossible.

The Beaver ~ May 16, 2007

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