As Paul Wolfowitz clears his World Bank desk and trails more hints about his future, we are again putting this blog on ice. After very active and successful blogging on the Wolfowitz scandal and succession debates, a new Bank leader is about to take up office and normal Bank-tracking can resume through the multitude of websites and initiatives set up for the purpose. more…
As reported by Deep Insider, Monique Barbut was practising some “travails” to get the “dragon-lady” Robin a cushy job at GEF. Guess with only 18 months to go for the Bush Administration, his political followers are not welcomed, as ” must have employees “, with open arms in some corporations and dear Robyn does need a job. However, according to Al Kamen from Washington Post, Robin won’t be an ilk of Monique.
“The job apparently would have meant a two-step demotion in rank as well as a substantial — perhaps six-figure — decline in salary, according to the Government Accountability Project, which has been exposing various misdeeds and shortcomings at the bank.”
Our friends at the Social Justice Committee Canada have set up a website, www.worldbankpresident.ca to formally make suggestions on who should succeed Wolfowitz. The poll’s results will be sent to the Canadian Finance Minister, who will be urged to make a nomination based on them. more…
That’s what Goldman Sachs is known for, according to the New York Times. The following alumni are part of the “coterie” of the Bush administration:
Treasury Secretary Henry M. Paulson
Joshua B. Bolten, the White House chief of staff
Stephen Friedman, President Bush’s ex-director of the National Economic Council.
I guess Bob does owe a lot to ‘Hank’ who keeps hiring him wherever he goes (or when he has a say or the ear of GWB) - Wall Street and now the WB .
Canadian finance minister Jim Flaherty told reporters in Ottawa today that he was consulted this week on the World Bank president nominee by U.S. Treasury Secretary Henry M. Paulson. While he would not confirm the name we all know, Flaherty said the nominee “will be good for Canada.” more…
