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Punish the Bank
The US government, it seems, has three options moving forward: (1) Punish the bank with another controversial and non-consensual choice; (2) Take charge, but behave like an adult, adopting the approach outlined by Voice of Reason; (3) Cede control to an open and transparent selection process.
Can we discount the first option? I'm not sure. People forget how taken aback everyone was by the Wolfowitz nomination. And the American right is now pissed off - with the Bank suddenly jumping into the bad-as-the-United-Nations box.
Three 'punishment' names have popped up on National Review's blog - a clearing house for conservative thought in the US. John Bolton, Rick Santorum and... yes, Donald Rumsfeld. All are unlikely to get the job, but it's worth remembering that some fingers are itching for the nuclear option.
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Reuters
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Recent Rumours
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UK involvement in the Foundation for the Future.
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