World Bank president Paul Wolfowitz Has Resigned
May 18th 2007 02:03
World Bank president Paul Wolfowitz Has Resigned
Falling on his sword rather than be sacked Wolfy has left the building. It was perhaps the greatest public scandal of the World Banks history when he used his influence to promote his own girl friend to a pay packed higher than the US Secretary of State. Yet after days of meeting and negative findings things started to change.
After the Banks internal investigation found that Wolfy had acted improperly the US Bush administration started to distance it self from his actions. Instead of saying that he was the best person for the job he was described only as fine character. The pressure to resign was resisted at first by Wolfy then delayed as he tried to negotiate through his solicitors the terms of his resignation. Yet in the end he had no choice resign but to bow out.
Acting ethically and in the best interests of the institution begs the question: Whose ethics?
As the architect of the Iraq War Paul Wolfowitz was the Neo-Con pin up boy that could do no wrong as far as George Bush was concerned. Now as the disgraced ex World Bank President he may find that he is tainted goods. What may be clear is that Wolfy’s influence on the Bush administration and US culture may be finished by his own sleezy nepotism.
Falling on his sword rather than be sacked Wolfy has left the building. It was perhaps the greatest public scandal of the World Banks history when he used his influence to promote his own girl friend to a pay packed higher than the US Secretary of State. Yet after days of meeting and negative findings things started to change.
After the Banks internal investigation found that Wolfy had acted improperly the US Bush administration started to distance it self from his actions. Instead of saying that he was the best person for the job he was described only as fine character. The pressure to resign was resisted at first by Wolfy then delayed as he tried to negotiate through his solicitors the terms of his resignation. Yet in the end he had no choice resign but to bow out.
"I have concluded that it is in the best interests of those whom this institution serves for that mission to be carried forward under new leadership…. I acted ethically and in good faith in what I believed were the best interests of the institution, including protecting the rights of a valued staff member."
Acting ethically and in the best interests of the institution begs the question: Whose ethics?
As the architect of the Iraq War Paul Wolfowitz was the Neo-Con pin up boy that could do no wrong as far as George Bush was concerned. Now as the disgraced ex World Bank President he may find that he is tainted goods. What may be clear is that Wolfy’s influence on the Bush administration and US culture may be finished by his own sleezy nepotism.
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