In a path very well known to Neo-Con detractors, Paul "Master of His Domain" Wolfowitz is not planning on leaving the World Bank, choosing to stay the course. By convention, the Bank President has always been a US citizen, while the Managing Director of the IMF has been a European. Although nominated by the US Government, the World Bank President is subject to confirmation by the Board of Directors. The President serves a term of five years, which may be renewed.
They are looking for an inspection panel member though--unrelated to Wolfie's poor judgment, one suspects.
According to the Beeb
They are looking for an inspection panel member though--unrelated to Wolfie's poor judgment, one suspects.
According to the Beeb
Mr Wolfowitz has been under growing pressure to resign |
Mr Wolfowitz told a news conference: "This is important work and I intend to continue it."
He has been under pressure to quit after admitting helping his partner win a promotion and pay rise.
He spoke after World Bank governments described the scandal as a matter of "great concern" but stopped short of asking him to step down.
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